Hologic, a $3.8b developer of diagnostics, imaging systems, and surgical products for women’s health, is buying epigenetics analysis company Diagenode, adding a menu of 30 real-time PCR (polymerase chain reaction) tests that are CE-marked for the detection of bacteria, parasites and viruses involved in sexually transmitted diseases, respiratory diseases, meningitis and gastroenteritis. Diagenode previously collaborated with Hologic to develop assays …
The Cooper Companies Acquire AEGEA Medical
CooperSurgical, a subsidiary of $2.4b producer of women’s health devices and contact lenses, CooperCompanies (NYSE: COO) has bought AEGEA Medical, a developer of an office-based Water Vapor Ablation System treating heavy menstrual bleeding. The system, Mara, takes two-minutes to perform and ablates the lining of the uterus, the source of heavy menstrual bleeding in premenopausal women. 99% of patients reported …
Thermo Fisher Buys Mesa Biotech For $450m
Thermo Fisher (NYSE: TMO) is acquiring Mesa Biotech, developer of a PCR-based rapid point-of-care (PoC) testing platform for infectious diseases. Mesa Biotech’s Accula System has received Emergency Use Authorization (EUA) for SARS-CoV-2 in vitro diagnostic testing, providing results within 30 minutes, with greater precision than other rapid tests. The Accula System also can screen for Influenza A and B, respiratory …
Steris plc Acquires Cantel Medical for $4.6b
Steris plc (NYSE: STE), a $3.0b Ireland-based provider of sterile processing services, endoscope repair, cleaning chemistries and assurance products, announced plans to acquire Cantel Medical (NYSE:CMD), a provider of infection prevention products and services focused on endoscopy and dental customers for $4.6b. Cantel’s largest business, its Medical portfolio, adds a comprehensive suite of endoscopy-focused disinfection consumables, capital equipment and services …
Collagen Matrix Acquires Sunstar’s Degradable Solutions Product Line
Collagen Matrix, a developer of xenograft-derived tissue and bone repair/regeneration products and portfolio company of private equity firm Linden Capital, announced that it has acquired Sunstar’s Switzerland-based Degradable Solutions Division. The deal adds the GUIDOR® branded line of resorbable synthetic medical implants, which includes bone graft substitutes and bioresorbable matrix barrier membranes for dental surgical and restoration procedures. The Degradable …
Philips to Acquire BioTelemetry for $2.8b
Netherlands-based Philips (NYSE:PHG) announced it is buying BioTelemetry (Nasdaq: BEAT) to extend its hospital-based remote patient monitoring reach to outpatient settings. BioTelemetry’s offerings include wearable heart monitors (i.e. a mobile cardiac outpatient telemetry patch and extended Holter monitor) that wirelessly detect and transmit abnormal heart rhythms. 85% of BioTelemetry’s sales relate to the diagnosis and monitoring of heart rhythm disorders. …
Zimmer Biomet Acquires Sternal Closure Company A&E Medical from Vance Street Capital
Zimmer Biomet, a $8.0b maker of musculoskeletal products for spine, craniomaxillofacial, thoracic and dental applications, has acquired A&E Medical Corporation, a manufacturer of sternal closure devices. The deal adds a portfolio of sternal sutures, cable systems, and rigid fixation products and complementary single-use temporary pacing wiring and surgical punches. A&E Medical was originally acquired in 2016 by Vance Street Capital, …
The Walden Group Releases Q3 2020 Strategic Healthcare M&A Report
The Walden Group is pleased to provide access to its Q3 2020 Strategic Healthcare M&A Report, which includes: Q3 healthcare industry landscape and experience of key Medtech companies. Notable M&A deals announced since March 2020. Stock market performance of key Medtech companies. Detailed deal-by-deal analysis of more than 60 transactions announced or closed in Q3. Click …
Colfax Corporation’s DJO Subsidiary Acquires Stryker’s Ankle and Finger Arthroplasty Systems
Colfax Corporation’s subsidiary DJO, a maker of devices for musculoskeletal health, joint reconstruction, vascular health, and pain management, has acquired Stryker’s STAR® Ankle and Finger Arthroplasty Systems. The STAR® system is used to replace an arthritic ankle joint due to osteoarthritis, post-traumatic arthritis or rheumatoid arthritis. Ankle replacements in the U.S. more than doubled in 2019 as implants have emerged …
Teleflex Buys Z-Medica for $500m from Linden Capital
Teleflex (NYSE: TFX) has purchased hemostatic device developer Z-Medica from healthcare private equity firm Linden Capital. The acquisition adds a portfolio of hemorrhage control dressings comprised of gauze impregnated with kaolin, a clay mineral. Z-Medica’s products address the trauma surgery, EMS, military, emergency department, and interventional segments to complement Teleflex’s vascular access system EZ-IO and blood transfusion kit EZPLAZ with …