Irish medical device company Medtronic has agreed to acquire Intersect ENT, an ear, nose, and throat (ENT) medical technology company, in an all-cash deal worth around $1.1 billion. Based in California, Intersect ENT is a publicly traded company, which is currently listed on NASDAQ. Intersect ENT’s steroid releasing implants are designed to give mechanical spacing […]
Rockley Photonics SPAC merger : Rockley Photonics, a supplier of silicon photonic chips and modules, has agreed to merge with SC Health, a special purpose acquisition company (SPAC), in a deal that values the former at $1.2 billion. The merger will enable Rockley Photonics to become a publicly traded company on the New York Stock […]
Irish medical device company Medtronic has secured a $337 million product investment from Blackstone Life Sciences for advancing new, innovative products particularly designed to ease the burden of diabetes management. Through the new capital, Medtronic intends to increase research and development (R&D) funding in its diabetes group by a significant extent besides accelerating its diabetes pump […]
Medtronic acquisition of Mazor Robotics : Irish medical device company Medtronic has signed a deal of around $1.64 billion to acquire Mazor Robotics, an Israeli medical device company, focused on manufacturing robotic guidance systems. Mazor Robotics provides spine and brain surgery with its Mazor X robotic guidance system and Renaissance surgical guidance system. Medtronic acquisition […]