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BioWorld - Wednesday, June 17, 2026
Home » Topics » Deals and M&A, Medical technology

Deals and M&A, Medical technology
Deals and M&A, Medical technology RSS Feed RSS

Map, flag of India

Companies team up to tackle peripheral artery disease amongst India’s poorest citizens

Jan. 4, 2021
By David Ho
HONG KONG – Votis Subdermal Imaging Technologies Ltd. is developing a diagnostics solution that could prevent the loss of feet among India’s impoverished due to affects of peripheral artery disease (PAD). The company has entered an agreement with India’s Ii Ventures Pte. Ltd. (iiV) to develop a system to screen the largely rural Indian population for PAD.
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Chess board and pieces, blocks spelling out M&A

Hologic picks up Somatex in tuck-in buy

Jan. 4, 2021
By Meg Bryant
Hologic Inc., which focuses on women’s health, said Jan. 4 that it has completed the acquisition of Somatex Medical Technologies GmbH for roughly $64 million. Based in Berlin, Somatex focuses on minimally invasive devices for tumor diagnostics, biopsy and interventional specialties. Somatex’s portfolio includes biopsy site markers and localization technologies, including Trumark markers. The company was previously owned by E-Med Solutions GmbH, a group of investors led by German private equity firm Westlake Partners.
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3D printing illustration

Solvay partners with Printerprezz to develop 3D printing solutions for medical devices

Jan. 4, 2021
By Bernard Banga
PARIS – Solvay SA is partnering with Printerprezz Inc. to develop 3D printing technology using Selective Laser Sintering (SLS) for implants and other medical devices.
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Anatomy illustration of thyroid, tumor, cancer cells

Bayer, Veracyte team up on thyroid cancer-focused collaboration

Dec. 22, 2020
By Liz Hollis
Bayer Corp. and Veracyte Inc. are collaborating in the thyroid cancer space, with an eye toward identifying underlying genomic drivers, including NTRK gene fusions, within patients’ tumors. South San Francisco-based Veracyte offers the Afirma Genomic Sequencing Classifier (GSC) and Xpression Atlas (XA), which aims to help physicians in terms of thyroid cancer diagnosis and individualized care.
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Person using Odysight app on Ipad

Tilak partners with Novartis to expand its digital solution for vision monitoring

Dec. 21, 2020
By Bernard Banga
PARIS – Tilak Healthcare SAS is signing an ophthalmology partnership agreement with Novartis AG from Basel, Switzerland, to expand international distribution of its vision monitoring technology, Odysight.
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Connecting puzzle pieces

Philips snaps up Biotelemetry for $2.8B

Dec. 18, 2020
By Meg Bryant
Royal Philips NV is expanding its cardio footprint with the acquisition of Biotelemetry Inc., a manufacturer of remote medical technologies, for $2.8 billion, or $72 per share. The proposed deal, announced Friday, furthers Philips’ goal of providing integrated solutions across the care continuum, with Biotelemetry’s cardiac diagnostics and monitoring tools joining Philips’ line of hospital-based patient monitoring solutions. Philips expects the Biotelemetry business to contribute to sales growth and EBITA margin in 2021 and deliver double-digit growth and improve profit margins to more than 20% by 2025.
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Hand holding "Acquisition" piece over puzzle

Alphatech to acquire Eos Imaging in all-cash transaction

Dec. 17, 2020
By Liz Hollis
Alphatec Holdings Inc. has renewed a commitment to buy Eos Imaging SA, saying it will now pick up the company for $79.7 million, plus the retirement of $37.2 million in debt, in an all-cash deal. Both company’s boards have approved the execution of a tender offer agreement, through which Carlsbad, Calif.-based Alphatec will launch a cash tender offer for all the issued and outstanding shares and convertible notes of Eos imaging for a total purchase price of $116.9 million.
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M&A cityscape

Integra Lifesciences inks deal to buy Acell for up to $400M

Dec. 16, 2020
By Liz Hollis
Integra Lifesciences Holdings Corp. has entered a definitive agreement to acquire regenerative medicine-focused Acell Inc. for an up-front cash payment of $300 million and up to an additional $100 million upon the achievement of certain revenue growth milestones. The deal is expected to close in the first quarter of 2021, subject to the satisfaction of customary conditions. It also comes almost three months after London-based Smith+Nephew plc said it was going to pick up the extremity orthopedics business of Integra for $240 million in cash.
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X-ray scans with highlighted regions

Partners collaborate with Boston Children’s Hospital on ‘explainable’ AI-driven technology

Dec. 11, 2020
By David Godkin
TORONTO – Waterloo, Ontario-based DarwinAI Corp. and Raleigh, N.C.-based Red Hat Inc.are developing a suite of deep neural networks for COVID-19 detection and risk stratification via chest radiography in cooperation with Boston Children’s Hospital. DarwinAI designed COVID-Net as “explainable” artificial intelligence (AI) that illuminates the inner workings of AI-driven medical technologies and promptly offered it on an open-source platform for the broader hospital community.
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Elecsys Anti-SARS-COV-2 packaging

Roche teams up with Moderna for vaccine trials

Dec. 10, 2020
By Liz Hollis
Roche Holding AG has revealed a partnership with Moderna Inc. involving the use of the Elecsys Anti-SARS-CoV-2 S antibody test in the latter’s mRNA-1273 vaccine research trials. The news comes shortly after Roche received emergency use authorization from the U.S. FDA for the antibody test. 
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