Teleflex to expand in life sciences with $600m Palette Life Sciences acquisition

Teleflex to expand in life sciences with $600m Palette Life Sciences acquisition

Palette Life Sciences, a global life sciences company dedicated to enhancing patient outcomes, has announced its acquisition by Teleflex Incorporated (NYSE:TFX) for an upfront cash payment of $600 million, with a potential additional $50 million upon reaching certain commercial milestones. This acquisition, subject to customary closing conditions including certain regulatory approvals, is slated for completion […]

Teleflex to acquire hemostatic devices manufacturer Z-Medica

Teleflex to acquire hemostatic devices manufacturer Z-Medica

Teleflex, a Pennsylvania-based healthcare supplies and services provider, has agreed to acquire hemostatic devices manufacturer Z-Medica, in a deal worth up to $525 million. Based in Connecticut, Z-Medica is a portfolio company of Linden Capital Partners. The company is engaged in developing and commercializing hemorrhage control products. Its three main hemostatic device brands are QuikClot, […]