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BioWorld - Friday, March 20, 2026
Home » Topics » Deals and M&A » Merger

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The year in review

2025 med tech mergers and acquisitions

Jan. 2, 2026
By Annette Boyle
No Comments
The biggest mergers and acquisitions in med tech in 2025.
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Pen and ripped contract

Staar adjourns Alcon merger meeting until November

Oct. 24, 2025
By Holland Johnson
Staar Surgical Co. reported on Oct. 24 that it had adjourned its special meeting of stockholders scheduled in connection with its proposed $1.5 billion sale to Alcon AG in the face of objections from some of its major shareholders and at least three proxy firms.
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Glass globe with documents and pen

Hologic to go private in $18.3B deal

Oct. 21, 2025
By Annette Boyle
In the largest med-tech M&A deal in nearly three years, Hologic Inc. agreed to be acquired by funds led by Blackstone and TPG in a transaction valued at $18.3 billion. After five months of rumored negotiations, the outlined deal provides Hologic shareholders with $76 per share in cash plus up to $3 per share in contingent value rights (CVR) to be paid on achievement of revenue goals for the breast health business over the next two years.
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Gavel and FTC logo

US FTC moves to thwart Edwards’ acquisition of Jenavalve

Aug. 7, 2025
By Mark McCarty
The U.S. Federal Trade Commission (FTC) reported Aug. 6 that it will try to block Edwards Lifesciences Corp.’s proposed acquisition of Jenavalve because Edwards’ acquisition of both Jenavalve Technology Inc. and JC Medical would eliminate competition in the TAVR space for aortic regurgitation.
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Red arrow pointing downward on a stock market ticker

Bio-Techne takes a hit on Exodx sale to Mdxhealth

Aug. 6, 2025
By Annette Boyle
Bio-Techne Corp. plans to sell its Exosome Diagnostics Inc. business to Mdxhealth SA for $15 million plus royalty payments, a steep cut from the $250 million the company paid to acquire Exodx in 2018. Mdxhealth estimates the unit will generate $20 million in revenue in 2026.
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Acquisition puzzle

Bright move: Alcon offers $1.5B for Staar Surgical

Aug. 5, 2025
By Annette Boyle
Alcon AG agreed to acquire Staar Surgical Co. in a $1.5 billion cash transaction that would add Staar’s Evo implantable Collamer lenses (ICL) to treat myopia to the vision giant’s portfolio. Alcon will pay $28 per share, a 59% premium on Staar’s 90-day volume-weighted average price and a 51% premium on the Aug. 4 closing price of its shares (Nasdaq: STAA).
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Merger-arrows-black-white.png

BD’s biosciences & diagnostics unit in $17.5B merger with Waters

July 14, 2025
By Annette Boyle
Three months earlier than an expected update on a deal, Becton, Dickinson and Co. reported its biosciences and diagnostic solutions business will combine with Waters Corp. in a transaction valued at $17.5 billion. The resulting enterprise will operate under the Waters name and use its trading symbol (NYSE:WAT). Waters CEO Udit Batra will head the combined company.
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Stock merger illustration

Zimmer Biomet in $168M buy of ortho robotics maker Monogram

July 14, 2025
By Holland Johnson
Zimmer Biomet Holdings Inc. reported it is buying orthopedic robotics maker Monogram Technologies Inc. for an upfront payment of $4.04 per share in cash, corresponding to an equity value of approximately $177 million and an enterprise value of about $168 million.
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Scientists shaking hands in the lab

Illumina buying Somalogic for up to $425M to boost multiomics assets

June 23, 2025
By Holland Johnson
In a bid to boost its multiomics holdings, Illumina Inc. reported an agreement to buy proteomics technology company Somalogic Inc. from Standard Biotools Inc. for $350 million in cash, plus up to $75 million in near-term performance-based milestones and performance-based royalties.
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Telomeres and DNA illustration

23andme founder-led group outbids Regeneron for company

June 16, 2025
By Annette Boyle
The 23andme Holding Co.’s saga came full circle with founder Anne Wojcicki regaining control of the bankrupt genetic testing company in a bidding battle against Regeneron Pharmaceuticals Inc.
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