Johnson & Johnson announces $13.1bn acquisition of Shockwave Medical to strengthen medtech division

Pallavi Madhiraju- April 8, 2024 0

In a monumental move within the medical technology sector, Johnson & Johnson (NYSE: JNJ) has announced its acquisition of Shockwave Medical, Inc. (Nasdaq: SWAV) for ... Read More

Freudenberg Medical announces $25m expansion with second site in Costa Rica

Pallavi Madhiraju- February 15, 2024 0

Freudenberg Medical, a global leader in contract design and manufacturing for the medical device and biopharma industry, has unveiled plans to bolster its global presence ... Read More

Gradient Denervation raises €14m for pulmonary hypertension treatment

Pallavi Madhiraju- September 8, 2023 0

Gradient Denervation Technologies has successfully closed a €14 million Series A financing round to support the clinical development of its ultrasound-based catheter device for pulmonary ... Read More

Syrma SGS Technology seals acquisition of 51% stake in Johari Digital Healthcare

Pallavi Madhiraju- September 5, 2023 0

In a significant move to strengthen its position in the electro-medical devices market, Syrma SGS Technology Limited has successfully completed the acquisition of a 51% ... Read More

Abbott closes $890m acquisition of Cardiovascular Systems

Pallavi Madhiraju- April 29, 2023 0

Abbott has closed the previously announced $890 million acquisition of Cardiovascular Systems, Inc. (CSI), which has developed an atherectomy system for the treatment of peripheral ... Read More

Australian medical diagnostics firm Universal Biosensors raises $18m

Pallavi Madhiraju- May 29, 2022 0

Universal Biosensors has secured AUD 25.2 million ($18.06 million) in net proceeds from a previously announced entitlement offer and institutional placement. The Australian medical diagnostics ... Read More

Boston Scientific to acquire Baylis Medical Company for $1.7bn

Pallavi Madhiraju- October 6, 2021 0

Boston Scientific has agreed to acquire Baylis Medical Company, a Canadian medical devices manufacturer in the field of cardiology, for $1.75 billion. The deal does ... Read More

Nuheara begins medical device clinical trial for hearing aid products

Pallavi Madhiraju- August 17, 2021 0

Nuheara Limited, an Australian audio wearables company, has launched a medical device clinical trial to evaluate the safety and effectiveness of its newly developed range ... Read More

Boston Scientific to acquire Lumenis surgical business for $1bn

Pallavi Madhiraju- March 3, 2021 0

Boston Scientific has agreed to acquire the global surgical business of Israel-based energy-based medical solutions provider Lumenis for $1.07 billion in cash. In this connection, ... Read More

Agilent Technologies to acquire Resolution Bioscience in $695m worth deal

Pallavi Madhiraju- March 2, 2021 0

Agilent Technologies, a US analytical instrumentation development and manufacturing company, has agreed to acquire Resolution Bioscience in a deal worth up to $695 million. Resolution ... Read More