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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Axonics Acquires Technology to Facilitate Easier and Faster Placement of Implantable Leads for Sacral Neuromodulation
Raymond W. Cohen, chief executive officer of Axonics. “We expect the Radian technology will improve patient comfort, increase physician confidence and SNM access, simplify the learning curve for physicians new to SNM, and increase PNE trial success rates, which should ultimately result in more adults being treated with our life-changing SNM therapy. We are confident that empowering physicians with innovative technology and tools has the potential to drive significant SNM market expansion in the years ahead.”
Cardiovascular Associates of America Merges with Novocardia and Announces Strongest Cardiovascular Network in America
Novocardia will be the newest division under Cardiovascular Associates of America focusing on the development, testing, and scalability of innovative care models and new value-based and risk-based contracting models that improve quality care and efficiency while lowering costs.
Ocutrx Acquires 25 Year FDA & Hi-Reliability Manufacturing Company to Advance Capabilities for Medical Devices
With this acquisition, the consolidated Oxutrx - Spectrum company now has seven (7) process lines, including ISO Optics Lab capabilities, serving medical, commercial and government entities.
Availity to Acquire Utilization Management Solution and Business Unit from Olive
Russ Thomas, CEO of Availity. “This technology perfectly aligns with Availity’s vision of delivering omni-channel, multi-payer solutions to a fragmented healthcare data ecosystem. This game-changing solution will help our provider and health plan customers overcome the common barriers to ensuring timely care delivery, resource allocation, and patient satisfaction.”
Vander-Bend Completes Strategic Acquisition of Omni Components Corporation
The partnership with Omni Components Corporation adds a specialized manufacturer of medical consumables and instrumentation for spinal, cardiovascular and tendon related applications to the Vander-Bend platform
INTEGRA Biosciences Acquires Miroculus
This will allow INTEGRA Biosciences to expand its product range for library preparation, offering significant time savings to academic, research, and diagnostics laboratories using NGS and, ultimately, accelerating discovery in this dynamic field.
E Tech Group Acquires E-Volve Systems
E-Volve will operate under the name “E-Volve Systems, an E Tech Group Company.” Kevin Stout and Principals Jason Antolovich, Vivek Puthezath will remain with the company, and no significant employment changes are anticipated in E-Volve’s Merrimack, New Hampshire, or Cincinnati, Ohio, offices.
Olympus to Acquire Korean Gastrointestinal Stent Company Taewoong Medical Co., Ltd
Taewoong Medical is a Korea-based manufacturer of medical devices such as gastrointestinal (GI) metallic stents[1] to strengthen its GI endotheraphy product portfolio capabilities, and in turn, contributing to improving patient outcome through comprehensive solutions.
Abbott to Acquire Cardiovascular Systems, Inc.
Cardiovascular Systems is a leader in devices for atherectomy, a minimally invasive treatment for plaque build-up in arteries that can restrict blood flow.
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