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BioWorld - Saturday, April 18, 2026
Home » Topics » Medical technology, Deals and M&A

Medical technology, Deals and M&A
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Hospital patient wears Sedakit VR headset

Oncomfort ramps up expansion of it its digital sedation tech via Vygon partnership

Nov. 5, 2020
By Bernard Banga
PARIS – Oncomfort SA has entered a partnership with Vygon SA for distribution of its Sedakit in six countries in Europe. The synergy between Vygon’s specialization and Oncomfort’s fields of application aims to enable greater acceleration of the adoption of Digital Sedation by health care professionals and patients. “Thanks to this strategic partnership, our new technology for relieving patient pain and anxiety without medication is going to be widely available in Europe,” Mario Huyghe, CEO of Oncomfort, told BioWorld.
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Telix inks AU$400M deal with China Grand Pharma that sets Asia expansion in motion

Nov. 3, 2020
By Tamra Sami
PERTH, Australia – Melbourne-based Telix Pharmaceuticals Ltd. has linked up with Hong Kong-listed China Grand Pharmaceutical and Healthcare Holdings Ltd. (CGP) in a licensing and commercial deal worth AU$400 million (US$285 million) plus sales royalties.
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Acquisition target

Perkinelmer snags Horizon Discovery for $383M

Nov. 2, 2020
By Meg Bryant
Perkinelmer Inc. is looking to bolster its life sciences offerings with the purchase of cell engineering company Horizon Discovery Group plc for $383 million. The all-cash acquisition will add gene-editing and gene-modulation tools to Perkinelmer’s existing portfolio of discovery and applied genomics solutions. Headquartered in Cambridge, U.K., Horizon provides CRISPR and RNA interference (RNAi) reagents, cell models, cell engineering and based editing products to aid in drug discovery and development.
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Cancer and blood cells

Genetron licenses Immuquad’s MRD assays in hematologic cancer

Oct. 30, 2020
By Elise Mak
Precision oncology company Genetron Holdings Ltd. has entered an exclusive licensing agreement for Seq-MRD, a diagnostic assay for detecting and monitoring minimal residual disease (MRD) in select hematologic cancers from med-tech startup Hangzhou Immuquad Biotechnologies Co. Ltd.
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OTX-TIC

Ocular and Affamed strike a $103M deal to develop Dextenza in Asia

Oct. 30, 2020
By Lee Landenberger
Ocular Therapeutix Inc. and Affamed Therapeutics Ltd. entered a license and collaboration agreement to develop and commercialize Dextenza and OTX-TIC in greater China, South Korea and the Association of Southeast Asian Nations markets.
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Business, data, dollars illustration

Teleflex beats Q3 consensus, picks up Z-Medica in tuck-in buy

Oct. 29, 2020
By Meg Bryant
Teleflex Inc. reeled in $628.3 million in revenue in the third quarter, down 3.1% from the same period last year but ahead of the Street’s estimate of $619.4 million. Earnings per share also beat consensus, at $2.46 vs. $2.24. The release of the quarterly results dovetailed with Teleflex’s reveal of a definitive agreement to acquire hemostatic products company Z-Medica LLC for up to $525 million.
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Illustration of big fish eating three smaller fish

Exact Sciences to pay $2.56B for Thrive Earlier Detection, U.K. startup Base Genomics

Oct. 27, 2020
By Meg Bryant
Shares of early cancer detection company Exact Sciences Corp. soared Tuesday morning on news it is acquiring two liquid biopsy screening companies, Thrive Earlier Detection Corp. and Base Genomics Ltd., for $2.56 billion and selling $869 million of common stock to institutional investors.
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Brain with puzzle piece removed

Cogstate sells global rights for cognitive function tests to Eisai for $45M

Oct. 27, 2020
By Tamra Sami
PERTH, Australia – Neuroscience technology company Cogstate Ltd. and Japanese pharmaceutical company Eisai Co. Ltd. signed a deal under which Eisai will have global development rights and exclusive commercialization rights of all cognitive function tests developed by Cogstate, including the Cogstate Brief Battery (CBB) for use in health care and other markets.
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Hands holding gears

Astellas betting up to $429M on bioelectronics startup Iota Biosciences

Oct. 15, 2020
By Meg Bryant
Astellas Pharma Inc. has agreed to acquire Iota Biosciences Inc., a company developing ultra-small implantable bioelectronic medical devices, in a deal valued at up to $429 million. According to a merger agreement, Tokyo-based Astellas will make an initial payment of roughly $127.5 million for all outstanding equity not already held by Astellas. Iota shareholders will receive further payments of up to $176.5 million as Iota completes predetermined milestones. In addition, Astellas has agreed to spend a total of $125 million over the next five years to drive Iota’s growth. The deal is expected to close in the third quarter of Astellas’ fiscal year, which ends March 31, 2021.
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Deal handshake with graphic overlay

Med-tech deal financials lacking in 2020; digital dominates Q3

Oct. 15, 2020
By Karen Carey
Although the volume of med-tech deals and mergers and acquisitions in 2020 rival each of the last two years, the level of disclosed values has fallen far short of 2019 in both instances.
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