Peripheral Vascular Stent options in the US now include Medtronic’s Complete SE offering which has seen its indication extended to include the superficial femoral and proximal popliteal vessels.
Stryker’s Neuro Division bag is filling nicely with the newly announced acquisition of Surpass Medical, a company with interesting Neuro flow diverter technology in its portfolio.
Boston Scientific is to acquire Rhythmia Medical, Inc. as it seeks to build its position in cardiac rhythm management. Rhythmia is a developer of mapping and navigation systems for cardiac ablation techniques and expects to have products in market next year.
Edwards’ critical care portfolio expands to Include non-Invasive platform with the acquisition of Dutch monitoring company BMEYE.
Capsule endoscopy company Given Imaging Ltd. has acquired from The SmartPill Corporation, a U.S. based-company, the assets related to the SmartPill® GI Monitoring System for $6 million including earn-outs based on revenue between now and 2016.
Medtronic, Inc. and China Kanghui Holdings announced today that they have entered into a merger agreement whereby Medtronic will acquire Kanghui. The agreement calls for Medtronic to pay approximately $816 million in cash.
It’s looking like Boston Scientific Week with more news about launches or approvals. The FDA has approved Boston’s S-ICD® System, which we seem to remember triggers a big fat earn-out payment to Cameron Health following its acquisition earlier this year.
Boston Scientific Corporation is to acquire BridgePoint Medical, Inc., developer of a proprietary, catheter-based system to treat coronary chronic total occlusions.
ConvaTec says it has entered into a definitive agreement to acquire all of the capital stock of 180 Medical Holdings, Inc. for $321 million. 180 Medical is a leading U.S. provider of disposable, intermittent catheters and urologic medical supplies.
Tornier buying OrthoHelix will bring innovative Foot & Ankle technologies to Europe as well as high growth, line extension and gross margin to Tornier.
Presumably with its strong focus on peripheral vascular surgery, Vascular Solutions sees more potential than St.Jude does for this steerable guidewire catheter… enough to pay $3M for residual inventory and rights.
It looks like only the due diligence and PR teams are not on holiday this week as we see a flurry of announcements about M&A activity in medical devices, from 3D HD cameras to Therapeutic Supports to “Nutraceuticals”.
Cardiac telemedicine specialist CardioNet, Inc. has entered into a definitive merger agreement with cardioCORE Lab, Inc., a leading centralised cardiac testing laboratory. The move is seen as exploiting an adjacent market, while de-risking by broadening CardioNet’s business base.
Circulatory support device company HeartWare International, Inc., has announced the closing of the acquisition of World Heart Corporation for a reported $8M in common stock, following the approval of the transaction today by World Heart stockholders.
Hill-Rom has completed its acquisition of Aspen Surgical Holdings in a move which the Batesville, Indiana outfit believes will enhance its presence in the surgical products market.
Steris Corporation is to acquire United States Endoscopy Group, Inc. and in so doing significantly expand its presence in the gastrointestinal(GI) procedural market with a franchise of proprietary, single-use consumable medical devices.