Medtronic's most recent acquistion target was Lazarus Effect, a maker of stroke diagnostic devices. After obtaining European approval, Lazarus Effect is working to get U.S. approval for the ReCover brain blot clot removal device, which works with Medtronic 's Solitaire stent that can be deployed in the brain to scoop out vessel-blocking clots that...
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The Journal of the American Medical Association - Neurology (JAMA Neurology) has indicated it will publish the results of the landmark stroke diagnostic study - VERiTAS (Vertebrobasilar Flow Evaluation and Risk of Transient Ischaemic Attack and Stroke study (VERiTAS). Acceptance by this highly prestigious and influential peer-reviewed journal...
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Key factors "shaping" the aesthetic surgery market and healthcare M&A activity in it are:
Large and Growing Market
15.6 million cosmetic procedures, including both minimally-invasive and surgical, were performed in the US in 2014, an increase of 3% since 2013. Additionally, 5.8 million reconstructive surgery procedures were performed last...
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The deal provides Allergan with AqueSys's minimally invasive glaucoma surgery (MIGS) device called the XEN45 Gel Stent. MIGS devices are alternatives to glaucoma medication and more invasive surgical techniques. The leader in the MIGS area is Glaukos, which closed an IPO in June 2015 and now has a market cap of over $1b. Its iStent is...
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The Walden Group advised JoViPak Corporation and arranged for its sale to BSN Medical GmbH & Co. KG,, a $850m manufacturer of products for wound care, vascular disease, lymphology and non-invasive orthopaedic conditions. JoViPak pioneered the market for night-time lymphedema garments to manage lymphatic disorders, an underserved, yet...
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