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BioWorld - Tuesday, December 30, 2025
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Home » Topics » BioWorld MedTech, Deals and M&A

BioWorld MedTech, Deals and M&A
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Product packaging with patient-specific surgical plan

Medtronic snaps up French spine tech maker Medicrea

July 15, 2020
By Meg Bryant
Medtronic plc said Wednesday it will purchase Medicrea Group, a French manufacturer of patient-specific 3D printed spinal implants, in a step to further strengthen its spine surgery business. The friendly, all-cash offer is priced at €7 (US$7.98) for each Medicrea share, a 22% over its July 14 closing price. The total value of the deal is approximately €200 million (about US$228 million), which includes roughly €50 million in net cash and liabilities plus about €150 million in equity. Medtronic expects to close the deal by the end of the year, pending regulatory nods in France and the U.S.
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Product image

Thermo Fisher partners with First Genetics to expand NGS diagnostics in Russia

July 13, 2020
By Annette Boyle
Thermo Fisher Scientific has joined forces with First Genetics JCS to commercialize next-generation sequencing (NGS) diagnostics in Russia. The agreement allows Moscow-based First Genetics to bring its F-Genetics NGS system and in vitro diagnostic assays for reproductive health testing to Russian labs.
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Product image

Philips, Biointellisense partner on at-home patient wearable to monitor COVID, chronic disease

July 9, 2020
By Stacy Lawrence
Biointellisense Inc. received an FDA clearance in January for its Biosticker to monitor patient vital signs at home for as long as 30 days. It was just starting to launch, when along came the novel coronavirus. Now, the Band-Aid-sized monitor is being used to monitor COVID-19 patients at home, as well as chronic disease patients.
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Illustration of patient undergoing treatment with Reflexion X1

Reflexion, Telix Pharmaceuticals to collaborate to treat high-risk cancers

July 8, 2020
By Liz Hollis
Reflexion Medical Inc. appears to be on a roll. A little more than a month after unveiling a tie up with Merck & Co. Inc., it now has reported a collaboration with Telix Pharmaceuticals Ltd., a radiopharmaceutical company developing molecularly targeted radiation products.
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Black and white arrows merging into one

Abbott, Tandem nail down agreement for automated insulin delivery systems

June 29, 2020
By Liz Hollis
Abbott Laboratories and Tandem Diabetes Care Inc. have finalized an agreement related to integrated diabetes solutions. Specifically, the duo is planning to combine Abbott's Freestyle Libre continuous glucose monitoring (CGM) technology with San Diego-based Tandem's insulin delivery systems, with an eye toward providing more options for diabetes management.
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Close up of the Genexus chip

Thermo Fisher expands CDx agreements with Daiichi Sankyo and Agios

June 26, 2020
By Annette Boyle
Thermo Fisher Scientific Inc. is working with Daiichi Sankyo Co. Ltd. to develop a companion diagnostic (CDx) to identify non-small-cell lung cancer (NSCLC) patients with human epidermal growth factor receptor 2 (HER2) mutations who could be eligible for the Tokyo-based company's cancer drug, Enhertu.
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Handshake behind digital globe

Vuno seeks more markets after entering the Japanese arena via M3 tie-up

June 25, 2020
By Gina Lee
Hong Kong – Vuno Inc. is looking to access more markets after inking a partnership with Japan’s M3 on June 19. The partnership with M3, a medical data platform which is 34% owned by conglomerate Sony Corp., allows Vuno to tap into the Japanese market. The M3-Vuno tie-up aims to encompass all Vuno’s existing products.
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Handshake, businessmen holding dollar sign, lightbulb

Invitae hits bull’s-eye with blockbuster $1.4B Archerdx buy

June 22, 2020
By Liz Hollis
Invitae Corp. (NYSE:NVTA) saw its stock flying high June 22 on the news of its agreement to buy Archerdx Inc., with an eye toward enhancing cancer genetics and precision oncology. Investors appear to approve of the deal, with the company’s stock closing at $27.05, up $8.34 or 44.58%.
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Hand adding piece to puzzle

Illumina acquires Dutch cloud software startup Bluebee to enhance genomic data analysis

June 18, 2020
By Stacy Lawrence
San Diego-based Illumina Inc. is synonymous with next-generation sequencing (NGS) equipment. But when it comes to dealmaking, the genomics giant is focused largely on software to make its results more useful, accessible and affordable. It has acquired cloud-based software startup Bluebee Holding BV in its latest move on this front.
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Resistanceplus product packaging

Australia’s Speedx partners with Roche to expand access to qPCR antibiotic resistance tests

June 17, 2020
By Tamra Sami
PERTH, Australia – Sydney-based Speedx Pty. Ltd. has signed a global distribution deal with Roche Holding AG, through which the latter will sell Speedx’s Resistanceplus MG and Resistanceplus GC molecular tests for detecting antimicrobial resistance to Mycoplasma genitalium (Mgen) and gonorrhea, respectively.
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