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Medical device deal

Latest Headlines

Latest Headlines

Top 10 medical device deals of 2011

There was a frenzy of medical device deals in 2011, with some big names entering the fray, including pharmaceutical and device titan Johnson & Johnson ($JNJ). In fact, J&J took the top spot

CryoLife buys Cardiogenesis for $22M

Atlanta-based CryoLife has inked a deal to buy Cardiogenesis Corporation for $22 million--a 43 percent premium to Cardiogenesis' closing price on March 28. The Irvine, CA-based developer makes

Japan's Terumo buys Caridian for $2.6B

Japan's largest medical device maker Terumo has inked a del to purchase CaridianBCT for $2.6 billion to form the world's largest maker of blood transfusion products. Colorado-based Caridian is the

Insulet, GSK ink distribution deal

Insulet Corporation and GlaxoSmithKline have announced an exclusive distribution agreement for the OmniPod insulin management system in Canada. The OmniPod system is the world's first tubing-free

Nile, Medtronic partner on heart failure therapy

Medtronic is partnering with San Mateo, CA-based Nile Therapeutics to develop a new outpatient treatment for sufferers of acutely decompensated heart failure. Financial details of the deal have not

Caliper, Seegene start partnership

Caliper Life Sciences and Seegene will work together to create molecular diagnostic products using the two companies' technology. The products will be co-marketed by the two companies....

St. Jude Medical ($STJ), Zonare to create intracardiac imaging device

St. Jude Medical ($STJ) and Zonare Medical Systems will join forces to create a new intracardiac ultrasound device. The companies will use St. Jude's intracardiac catheter device and Zonare's

Endologix buys Nellix in potential $54M deal

Irvine, CA-based Endologix ($ELGX), which develops minimally invasive treatments for aortic disorders, is acquiring Nellix for $15 million in stock and up to $39 million more in stock payments. The

Essilor purchases share of Shamir Optical for $130M

Israeli opthalmic lens company Shamir Optical is now a joint venture between Kibbutz Shamir and Essilor International. The 50-50 deal will close in mid-2011. Shamir's lens technology uses

Super Religare Laboratories buys Piramal Diagnostic for $129M

In a deal that will make them the largest laboratory services provider in India, Super Religare Laboratories agreed to buy Mumbai-based Piramal Diagnostic for 6 billion rupees ($129 million). The