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ACQUISITIONS and MERGERS
Medical Device News Magazine is the leading resource for medical device M&A information. We provide coverage of all the latest deals, as well as insights and analyses from industry experts.
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MD Revolution Acquires NavCare to Expand Remote Patient Care Management Services
"MD Revolution offers not only extensive experience but also the best technology platform, and proven SaaS offering, to serve our growing client base" said Rick Griffin, CEO, NavCare. "We share the same culture and desire to provide exceptional personalized care to our patients, along with maintaining the highest clinical standards."
Neogap Acquires TCER Oncology AB
The acquisition not only expands Neogap's patent portfolio but also enhances the company's pipeline of potential candidates for future preclinical and clinical development.
Olympus Announces Plan to Establish Digital Excellence Centers Following Acquisition of Cloud-AI Endoscopy Startup Odin Vision
Peter Mountney, Ph.D., CEO of Odin Vision commented, "We are excited to set the stage for future innovation development by leading Olympus' plans for the first DECs, all in the pursuit of empowering clinicians to deliver the best possible care and outcomes to patients using the latest digital and AI tools."
Stratasys And Desktop Metal To Merge: A Milestone For Consolidation In Additive Manufacturing, Reports IDTechEx
In the past decade or so, the additive manufacturing industry has been characterized by an ever-increasing number of hardware players trying to capture their own share of the market. While there were signs of consolidation in the early 2010s, given major moves by industry leaders like Stratasys and 3D Systems, AM has instead seen a consistent stream of newcomers with their own innovative takes on AM, such that IDTechEx now segments their 3D printing hardware forecast by seventeen different categories to account for such diversity.
Nox Health Acquires Somryst, the Only FDA-Cleared Digital Insomnia Treatment
“The acquisition of Somryst aligns seamlessly with Nox's mission of promoting science-based solutions that address chronic diseases through sleep care management. As an outcomes-driven company with ten years of real-world data, it was important for us to find a solution with equal depth in validation and outcomes data, thereby setting it apart from other CBT-I solutions,” said Sigurjon Kristjansson, CEO of Nox Health.
Medtronic to Acquire Wearable Insulin Patch Maker EOFlow
"We're thrilled to accelerate our next phase of growth with a partner like Medtronic who shares our goal of simplifying diabetes management to make life easier for the customers we serve," said Jesse J. Kim, CEO and founder of EOFlow. "Together, we'll work to advance innovation in wearable insulin patch technology to expand our reach to more individuals around the world living with diabetes. With a global footprint in over 100 countries, ability to scale up manufacturing quickly, and advanced software and sensor capabilities, Medtronic is the ideal strategic partner for EOFlow."
Medical Manufacturing Technologies Acquires Ireland-Based Somex Automation
"The acquisition of Somex Automation is a milestone for our company," said Robbie Atkinson, CEO of Medical Manufacturing Technologies. "We are excited to bring a strong business with highly skilled employees into our family."
accūrō Solutions acquires Splashlight Solutions
“The acquisition reflects our investors’ commitment to the long-term growth and development of accūrō Solutions as the premiere service provider in the medical bill review industry,” said Chris Feeney, Executive Board Member of accūrō Solutions.
Abbott Completes Acquisition of Cardiovascular Systems, Inc.
The transaction provides Abbott with a complementary solution for treating vascular disease. CSI's leading atherectomy system prepares vessels for angioplasty or stenting to restore blood flow.