Mergers and Acquisitions

Covidien plc has gained CE Mark approval for its Stellarex™ drug-coated angioplasty balloon which will be sold to Spectranetics when the Medtronic deal goes through.

Pulmonx®, has acquired the assets of Aeris Therapeutics, maker of AeriSeal®, a foam-based lung sealant system for the treatment of emphysema.

Device company ZOLL® Medical Corporation is to acquire Advanced Circulatory Systems, Inc., which develops technologies to non-invasively increase circulation.

Abbott has completed its acquisition of Topera, Inc., a company focused on technologies for the diagnosis and treatment of atrial fibrillation.

Royal Philips and Volcano Corporation are set to merge in a deal worth approximately $1 Billion.

Edwards Lifesciences has edged its way closer to owning the Parachure Ventricular Partitioning Device, with its investment in Cardiokinetix having the right to buy string attached.

Zimmer is having to do some offloading to satisfy EC concerns about its acquisition of Biomet

Leica Biosystems has successfully completed the acquisition of breast biopsy instruments and consumables business, Devicor Medical Products, Inc.

PneumRx’s RePneu Coil is expected to become the cornerstone of BTG’s growing interventional pulmonology business.

The spin-off will create a new publicly traded company called SeaSpine, focused on developing, marketing and selling spine hardware and orthobiologics.

Spectranetics is to acquire Covidien’s Stellarex™ drug coated angioplasty balloon platform in a move that is likely to be part of the plan to meet anti-trust conditions related to next year’s takeover by Medtronic.

Integra LifeSciences Holdings Corporation has completed the acquisition of the MicroFrance and Xomed instrument lines from Medtronic.

Abbott is to acquire Topera with its clever diagnostic catheter and mapping software that offers improved outcomes from cardiac ablation for atrial fibrillation.

More consolidation in the medtech sector, this time in the outsourced manufacturing business, with Creganna-Tactx Medical bolting on medical wire processor Precision Wire Components to its offering.

Wright Medical Group, Inc., and Tornier N.V. are to merge in an all stock transaction with a combined equity value of approximately $3.3 billion.

BD is to acquire CareFusion for $12.2 billion, to create a global leader in medication management and patient safety solutions.