M&A


  • A view of Boston Scientific's corporate headquarters in Marlborough, Massachusetts, with a clear blue sky in the background.
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    Courtesy of Boston Scientific
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    Boston Scientific buys Silk Road Medical for $1.26B

    Silk Road developed a minimally invasive procedure to prevent stroke in patients with carotid artery disease.

    By June 18, 2024
  • A Grail employee in a white coat works in a lab.
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    Courtesy of Grail
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    Illumina board approves Grail spinoff

    Leerink Partners analyst Puneet Souda said Grail, with a cash burn of $532 million in 2023, is likely to remain “a cautionary tale in diagnostics for years to come.”

    By June 4, 2024
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    skynesher via Getty Images
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    Stryker inks Artelon buyout to join Zimmer in soft tissue space

    BTIG analysts said the takeover could serve as a "defensive mechanism against peers who have been growing rapidly in the space.”

    By June 4, 2024
  • Becton Dickinson logo
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    Permission granted by Becton Dickinson
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    BD to buy Edwards’ critical care unit for $4.2B

    Edwards will sell the business rather than pursue its original strategy announced in December to spin off the group.

    By June 3, 2024
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    Natalie Meepian via Getty Images
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    Medtech venture capital investing rebounded in Q1

    Pitchbook analysts are cautiously optimistic that the funding pickup will continue despite uncertainty about interest rates, heightened regulatory scrutiny and the presidential election.

    By June 3, 2024
  • Wooden cubes that spell out "M&A"
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    Nastassia Samal via Getty Images
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    Surmodics agrees to $627M private equity buyout

    Surmodics will go private when the transaction closes, which is expected in the second half of the year.

    By May 31, 2024
  • Two wooden blocks on a computer keyboard that spell out "M&A"
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    Maks_Lab via Getty Images
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    Stereotaxis inks APT buyout to gain catheters for surgical robots

    The partners are developing a robotically steered diagnostic catheter for use with Stereotaxis’ cardiovascular robots.

    By May 16, 2024
  • Two ultrasound machines on wheels with screens showing medical images are side by side.
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    Courtesy of Samsung
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    Samsung Medison to buy AI ultrasound company Sonio

    Sonio’s software uses deep learning to improve image quality. Its software will remain compatible with all ultrasound machines, the company said.

    By May 8, 2024
  • Quest Diagnostics building
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    Courtesy of Quest Diagnostics
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    Quest to ramp up AI capabilities with purchase of PathAI’s diagnostic lab

    PathAI is selling its diagnostics assets, including a Tennessee laboratory, but will continue to support its biopharmaceutical customers.

    By May 2, 2024
  • Wooden cubes that spell out "M&A"
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    Nastassia Samal via Getty Images
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    Medline to buy Ecolab’s surgical products for nearly $1B

    The medical products supplier will acquire Ecolab’s sterile drapes and fluid temperature management systems.

    By May 1, 2024
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    Courtesy of Endomagnetics
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    Hologic to buy Endomagnetics for $310M

    Endomagnetics, which makes guidance technology for breast cancer surgery, brought in about $35 million in revenue last year.

    By April 30, 2024
  • A picture of the exterior of a Labcorp building.
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    Courtesy of Labcorp
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    Labcorp to acquire Invitae’s assets for $239M

    William Blair analyst Andrew Brackmann said Labcorp is being aggressive in its M&A strategy, after announcing last month it would buy several of Bioreference Health’s testing businesses.

    By April 25, 2024
  • A picture of dermatologist examining patient skin moles with a dermoscope at a health clinic.
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    LordHenriVoton, E+ via Getty Images
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    Cancer test maker Dermtech to cut 100 jobs, explore strategic options

    Dermtech, which will not hold a first-quarter earnings call, said the layoffs are part of a broader effort to “significantly reduce” expenses.

    By April 19, 2024
  • A view of Baxter International's production facility in the state of North-Rhine Wetsphalia on January 15, 2021 in Halle, Germany.
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    Sascha Schuermann via Getty Images
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    Spinoffs, sales and tuck-ins top medtech deal priorities: Moody’s

    After J&J’s $13.1 billion purchase of Shockwave Medical, Moody’s analysts see the potential for other larger pick-ups “if interest rates substantially decrease.”

    By April 19, 2024
  • Blocks spell M and A
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    Nastassia Samal via Getty Images
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    Bruker to acquire Nanostring for $393M

    Bruker made an offer roughly two months after Nanostring filed for bankruptcy protection and said it may restructure.

    By April 18, 2024
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    Peter Macdiarmid via Getty Images
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    Steris to sell dental segment for $787.5M

    Divesting the business will allow Steris to repay debt and focus on its core markets of healthcare, pharma and medtech.

    By April 11, 2024
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    Mario Tama via Getty Images
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    J&J to acquire Shockwave Medical for $13.1B

    The deal comes just over a week after The Wall Street Journal reported that the companies were discussing a merger.

    By Updated April 5, 2024
  • Birds-eye view of the Exonics headquarters building
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    Retrieved from Axonics on August 22, 2023
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    FTC asks Boston Scientific for more info on $3.7B Axonics deal

    The company has pushed back its expected closing date for the acquisition due to the second request from the Federal Trade Commission.

    By April 4, 2024
  • 3M headquarters in Minnesota
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    Courtesy of 3M.

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    3M spins out Solventum

    The new company will need to work through debt from the spinoff and sole-source arrangements with 3M.

    By April 1, 2024
  • A picture of the exterior of a Labcorp building.
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    Courtesy of Labcorp
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    Labcorp inks $237.5M buyout of Opko’s reproductive, women’s health testing assets

    The acquired assets generate about $100 million in annual revenue, according to the deal announcement.

    By March 29, 2024
  • Johnson & Johnson's campus in Irvine, California
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    Mario Tama via Getty Images
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    J&J’s $13.1B offer for Shockwave vaults to top of medtech M&A list in 2024

    Johnson & Johnson’s proposal for Shockwave Medical replaced Boston Scientific’s $3.7 billion offer for Axionics as the priciest medical device deal this year.

    By Updated May 10, 2024
  • A sign with company logo in red on a white background at the entrance to Johnson & JOhnson medical device unit
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    Mario Tama/Getty via Getty Images
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    J&J in talks to buy Shockwave Medical: WSJ

    The healthcare giant could follow up its $16.6 billion acquisition of Abiomed with another deal for a heart device company, the WSJ reported Tuesday.

    By March 27, 2024
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    AlexeyKamenskiy via Getty Images
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    Johnson Matthey to sell medical device components unit for $700M

    The segment makes components for medical devices, such as nitinol and metallic coatings.

    By March 20, 2024
  • Technicians using a titan medical robotic surgery device.
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    Retrieved from Titan on September 12, 2022
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    Titan Medical to merge with imaging firm Conavi, ending strategic review

    The combined company will focus on selling Conavi’s cardiovascular imaging system used in minimally invasive procedures.

    By March 19, 2024
  • An image of Attune Medical's ensoETM device.
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    Permission granted by Attune Medical
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    Haemonetics to buy Attune Medical for $160M

    Attune’s device to help cool the esophagus during radiofrequency ablation procedures is a key piece of the acquisition.

    By March 5, 2024