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ACQUISITIONS and MERGERS

TearLab Announces Acquisition By Accelmed and Related $25 Million Investment

TearLab notes the proceeds from the AP-II investment will be used to pay down a portion of TearLab's existing debt, and fund both organic and inorganic growth opportunities.

Sharp Fluidics® Acquires neoClose® Laparoscopic and Robotic Port Closure Technology

neoClose® brings a simple, intuitive and reliable solution to assist the surgeon in closing port site defects, up to 3cm, following laparoscopic and robotic abdominal surgery.

Orthofix Medical Completes Acquisition of FITBONE Limb Lengthening System

Orthofix Medical advises the transaction also includes other potential applications of the technology which are in development, including the FITSPINE® system for fusionless surgery to treat early-onset scoliosis.

SymphonyAI Group Acquires Healthcare Imaging AI Technology Leader TeraRecon

As SymphonyAI Group's seventh portfolio company, TeraRecon has a charter to establish a new portfolio of healthcare AI solutions focused on medical imaging.

Huron Capital Completes Acquisition of Lab Crafters

"Lab Crafters offers competitive, differentiated products to its customers," said Brian Walker, Partner of Strategic Leadership at Huron Capital.

Acquisition of Vigilenz Completed Reports Bactiguard

All conditions precedent have been fulfilled and the first part of the total consideration, consisting of a cash payment of USD 4.5 million, has been paid. The remaining part of the consideration, 241 512 new class B-shares in Bactiguard, is subject to approval by the annual general meeting of shareholders in Bactiguard on 28 April 2020.

Adaptas Solutions to Acquire Applied Kilovolts and Analytical Instrumentation Business from L3Harris Technologies

Adaptas Solutions, LLC. and L3Harris Technologies have signed a definitive agreement for Adaptas to acquire L3Harris' Applied Kilovolts and Analytical Instrumentation business.

ICON Acquires MedPass International

This acquisition, concluded in late January, further enhances ICON’s Medical Device and Diagnostic Research Services, through the addition of new regulatory and clinical capabilities in Europe.

Perry Baromedical Acquires Hyperbaric Division of ETC

This business unit acquisition advances Perry Baromedical into new international markets and expands the installed base in the US and abroad.