Germany-based Erbe Elektromedizin, a producer of electrosurgery, plasmasurgery and cryotherapy generators, has bought Germany-based Maxer Endoscopy, adding a range of endoscopic visualization systems for use in laparoscopy, hysteroscopy, urology, pediatric surgery, arthroscopy, spine endoscopy and ENT surgery. Maxer’s line of endoscopes, light sources, cameras and more add fluorescence imaging guidance, akin to a “GPS system” that will improve surgical accuracy …
SeaSpine Buys 7D Surgical for $110m
SeaSpine (Nasdaq: SPNE), a $154m developer of orthobiologics and spinal implant solutions is paying $110m to buy Canada-based 7D Surgical, the producer of a machine-vision, image-guided surgery platform with applications in spine and cranial surgeries. 7D’s system reduces radiation exposure by eliminating intra-operative CT (computed tomography) and fluoroscopy for purposes of registration, both commonly used with traditional navigational systems. In …
Agilent Technologies Purchases Resolution Bioscience in $550m Deal
Agilent Technologies (SYSE: A), a $5.3b analytical instrumentation development and manufacturing company, is buying Resolution Bioscience, maker of a non-invasive liquid biopsy platform, for $550m upfront plus additional milestones of up to $145m. Resolution Bioscience’s ctDx test can detect all four major types of genetic alterations known to drive cancers and has a turnaround time of a few days. …
Hologic Pays $159m for Belgium-based Molecular Diagnostic Assay Developer Diagenode
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, …