Acquiring Allergan delivers a dominant position in the $8 billion-plus market for Botox and other beauty drugs. AbbVie Inc. ABBV -0.42% has reached a deal to buy Allergan AGN -0.95% PLC for about $63 billion, as the two big drugmakers bet a combination will deliver new sources of growth they have struggled to find on their own. The Leggi tutto…
Acelity falls to 3M, but the conglomerate has taken on a great deal of debt and could see its credit rating fall. If you want to distract from some fairly miserable financial results, announcing a multibillion-dollar acquisition is one way to do it. 3M’s purchase of the wound care group Leggi tutto…
Press Release The two companies enter into a strategic collaboration for future development of technology for digital surgery across a broad range of clinical areas LONDON The acquisition supports Smith & Nephew’s strategy to invest in best in class technologies that further its multi-asset digital surgery and robotic ecosystem. The Leggi tutto…
(Reuters) – Britain’s Smith & Nephew Plc has held talks to buy U.S. medical equipment maker NuVasive in a deal that would be worth more than $3 billion, the Financial Times reported on Friday, citing people familiar with the talks. When contacted by Reuters, Smith & Nephew and NuVasive said Leggi tutto…
Ceterix is the developer of the NovoStitch Pro Meniscal Repair System. Smith & Nephew plc announced that it has agreed to acquire Ceterix Orthopaedics Inc., the developer of the NovoStitch Pro Meniscal Repair System. This unique device addresses complex meniscal tear patterns not adequately served by other repair systems. It is highly complementary to Leggi tutto…
Medtronic announced plans to absorb Nutrino Health, a nutrition-focused data analytics company, and further integrate its work with its diabetes group. Financial terms were not disclosed. The medtech giant previously worked with Nutrino in a multiyear partnership to develop a meal-logging app for people with diabetes connected to its iPro2 Leggi tutto…
Deal accelerates Medtronic’s strategy to transform spinal procedures and improve outcomes. Medtronic plc and Mazor Robotics have entered into a definitive merger agreement under which Medtronic will acquire all outstanding ordinary shares of Mazor for $58.50 per share, or $29.25 (104.80 ILS) per ordinary share, in cash, for a total Leggi tutto…
SAN DANIELE DEL FRIULI, Italy, September 6, 2018 – LimaCorporate, a pioneer and leader in 3D printing of Orthopaedic implants, announces the milestone-based acquisition of TechMah Medical LLC (“TechMah Medical”), a medical device software company located in Knoxville, Tennessee, to complement its hardware portfolio with digital applications. TechMah Medical was founded in 2014 and focuses Leggi tutto…
Analysts say that Stryker’s purchase of a small but fast-growing public company in the complex spine market should help its own struggling spine business. Orthopedics company Stryker announced Thursday that it is buying K2M Group Holdings, a maker of 3-D printed implantable, minimally invasive spine products, for $1.4 billion. Analysts reacted positively Leggi tutto…
Swedish group Medicover, one of the biggest private medical services providers in Romania, has signed the acquisition of the local Phoenix medical center, one of the top suppliers of medical services in the Oltenia region. The transaction is part of Medicover’s expansion strategy in Romania, aiming to strengthen the group’s Leggi tutto…