Colfax Corporation, a $3.6b diversified maker of fluid handling and other engineered products is acquiring DJO Global Inc, a leading maker of orthopedic bracing and other non-invasive rehab devcies. The deal diversifies CFX' revenue streams and end-market exposure, reduces cyclicality, weights healthcare and creates a new growth platform for CFX....
Read More
Medtronic Plc (NYSE:MDT), agreed to buy Mazor Robotics Ltd. (NASDAQ:MZOR), a maker of robotic guidance systems, for $1.64bto strengthen its position in spine surgery. Medtronic’s spine division had been hit off-stride after the problems encountered with Kyphon purchase in 2007. Sales force flux, off-label use of a controversial biologics...
Read More
The Justice Department recently approved CVS’s mega $69b purchase of Aetna, conditioned on Aetna’s sell-off of its private Medicare drug plans. In addition to owning almost 10,000 retail stores in the U.S., CVS provides drug plans to more than 90 million people. It plans to use its pharmacy locations to provide consumers with more local care...
Read More
CIGNA Corporation, a $41.62b provider of healthcar insurance services acquires Express Scripts Inc, a $100.06b provider of pharmacy benefit management services. The U.S. Justice Department recently cleared this deal, part of the wave of consolidations transforming the health care industry. Amazon’s move into the health care business has...
Read More
Stryker Corporation, a $12.44b maker of Orthopedics, MedSurg, Neurotechnology and Spine products is acquiring Invuity, Inc, a manufacturer of photonics and single-use, lighted retractor instruments for open surgery. Invuity's retractor-based lights provides direct visualization of surgical cavities during open minimally invasive and minimal...
Read More