This past Friday, The Wall Street Journal reported that Johnson & Johnson (JNJ) was in talks to purchase Swiss-based Synthes for about $20 billion. If Synthes and JNJ’s DePuy were to combine, the resulting firm would be the world’s largest orthopedic company with annual orthopedic shipments of around $9.3 billion. In market share terms, the combined [...]

TOKYO (Reuters) – Terumo Corp (Tokyo:4543.T - News) said it would buy U.S. medical device company CaridianBCT from a Swedish firm for about $2.6 billion, marking the largest acquisition by a Japanese medical equipment maker. The deal underscores an aggressive push by Japanese firms to take advantage of a strong yen to snap up overseas assets [...]

SCHAUMBURG, Ill.–(BUSINESS WIRE)–Sparton Corporation (NYSE: SPA), a supplier of complex and reliable electronic and electro-mechanical products, sub-assemblies and related services to the highly regulated Medical, Defense & Security, and Aerospace markets announces that on March 4, 2011 its wholly owned subsidiary, Sparton BP Medical Denver, LLC completed its previously announced acquisition of certain assets and [...]

SOURCE Boston Scientific CorporationNATICK, Mass., March 3, 2011 /PRNewswire/ — Boston Scientific Corporation (NYSE: BSX) today announced the completion of its acquisition of Atritech, Inc. of Plymouth, Minnesota. The completion of the transaction follows the signing of a definitive merger agreement announced on January 19, 2011. Atritech’s WATCHMAN Left Atrial Appendage Closure Technology gives Boston Scientific an innovative product [...]

MINNEAPOLIS–(BUSINESS WIRE)–Medtronic, Inc. (NYSE: MDT) today announced that it has completed the purchase of rights to a chitosan-dextran gel technology from Adelaide Research & Innovation Pty Ltd. (the commercial development company of the University of Adelaide) in Australia, Robinson Squidgel Ltd., and Otago Innovation Ltd. (a University of Otago company) in New Zealand. Medtronic is [...]

NATICK and BOSTON, Mass., Jan. 5, 2011 /PRNewswire/ — Boston Scientific Corporation (NYSE:BSX – News) today announced it has acquired Intelect Medical, Inc., a development-stage company located in Boston. Intelect Medical is developing advanced neuromodulation technologies for deep brain stimulation (DBS) therapy. The transaction values Intelect Medical at $78 million with no cash and no [...]

NEW YORK–(BUSINESS WIRE)–Small Bone Innovations, Inc. (SBi), a leading, privately held orthopedics company focused primarily on arthroplasty and trauma reconstruction technology and treatments for the small bones & joints, has sold its shoulder-related assets. The transaction is not expected to have a material impact on SBi’s revenues. Anthony G. Viscogliosi, Chairman & CEO of SBi, [...]

WESTLAKE, Ohio–(BUSINESS WIRE)– Nordson Corporation (Nasdaq:NDSN – News) today announced the completion of its acquisition of St. Paul, Minnesota-based Micromedics Inc., a leader in applying and dispensing biomaterials for controlling bleeding, healing wounds and other related medical procedures. Terms of the deal were not disclosed. “Micromedics extends Nordson’s expertise in precision dispensing technology and adds [...]

FAIRBURN, Ga., Nov. 1, 2010 /PRNewswire/ — Porex Corporation (“Porex”), a portfolio company of Los Angeles-based investment firm Aurora Capital Group, today announced that it has sold its Porex Surgical division to Stryker Corporation (“Stryker”) (NYSE: SYK). “This transaction allows us to focus on our core customers and technologies, and enhance our industry leadership. We support the largest [...]

WAUKESHA, Wis.–(BUSINESS WIRE)– GE Healthcare, a unit of General Electric Company (NYSE:GE – News), announced that it has entered into an agreement to acquire the assets of Orbotech Medical Solutions Ltd. (OMS), a subsidiary of Orbotech Ltd. (Orbotech), and a manufacturer of cadmium zinc telluride (CZT) detectors used in GE Healthcare’s innovative Alcyone nuclear medicine [...]