Symmetry Surgical, a global marketer and distributor of surgical devices, has agreed to be acquired for $140.3 million by healthcare-focused private equity firm Roundtable Healthcare Partners.
Dexcom is working to up its commercial game in Europe. The latest part of that plan is an acquisition of its distributor in Germany, Switzerland and Austria: Nintamed.
China's Sinocare is grabbing U.S. diagnostics player PTS Diagnostics in a deal valued at $200 million. The move is meant to help Sinocare expand its global footprint and get its hands on the company's biometric testing devices for chronic diseases such as diabetes.
Royal Philips has big plans in HealthTech. But to execute on them, it needs to rid itself of its lighting businesses and, in the process, gain some liquidity to reinvest into health technology, which is expected to be the future of the transitioning industrial conglomerate that has traditionally spanned consumer, healthcare and lighting businesses.
Pfizer has been weighing a sale of Hospira's pumps and devices business for a while. Now, Smiths Group and Fresenius have put in bids for the unit, which Pfizer acquired last year through its $15 billion deal for Hospira. Private equity firm Pamplona Capital also made a second-round bid for the business, Bloomberg reports.
Abbott has avoided addressing rumors that its deal with point-of-care diagnostics maker Alere is on the rocks. But according to Alere, the Illinois med tech wants out.
Orthopedic implant player Stryker has extended its acquisition tear to a purchase of limb salvage company Stanmore Implants. This is the fifth acquisition of companies or assets that Stryker has announced this year--with two of those being billion-dollar deals and the other three smaller acquisitions.
Abbott said last year that it wasn't interested in St. Jude, but now, the company is changing its tune. The Illinois devicemaker will shell out $25 billion for St. Jude to gain ground in the cardiovascular and neuromodulation markets.
It seems like everyone is jumping into the health monitoring market these days, and Nokia is no exception. The company is snatching up French company Withings for €170 million ($191 million) to gain ground in digital health.
Zimmer Biomet Holdings will acquire Cayenne Medical to add to its sports medicine offerings. The deal will augment its Sports Medicine business, which is one of its top performers. The Scottsdale, AZ-based startup markets several knee, shoulder and extremity soft-tissue repair products.