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BioWorld - Wednesday, December 24, 2025
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Home » Topics » BioWorld MedTech, Deals and M&A

BioWorld MedTech, Deals and M&A
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Radiologist using imaging software
Strategy transformation

Agfa-Gevaert sells part of its health care division for $1.1B to focus on IT imaging activities

June 16, 2020
By Bernard Banga
PARIS – Agfa-Gevaert Group NV, of Mortsel, Belgium, has sold parts of its health care information technology (IT) business to Italy’s Dedalus Holding SpA for $1.1 billion. The divested interests include health care information solutions activities and integrated care activities in Germany, Austria, Switzerland, France and Brazil, as well as certain IT imaging activities in these territories. It represents about half of Agfa Healthcare’s business.
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Doctor with brain illustration, businessman with dollar sign illustration

Medtronic to get $337M from Blackstone for diabetes R&D in exchange for royalties

June 15, 2020
By Stacy Lawrence
Royalty deals by an investor into a particular pharmaceutical company program are not unheard of. This structure allows the investor to secure a portion of that specific anticipated upside, while enabling the pharma to fully fund R&D for that program without having to sacrifice other priorities to do so.
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Gold wireframe handshake

As pharmas struggle with digital health, Roche moves in for more with digital therapeutics

June 12, 2020
By Stacy Lawrence
Now that Roche Holding AG has digested its Foundation Medicine and Flatiron acquisitions from a few years ago, it has looked to add more digital capabilities in a couple of recent deals. The earlier big-ticket tie-ups by the Basel, Switzerland-based pharma added genomic and real-world data analytics to deepen the knowledge driving Roche’s R&D efforts, particularly in oncology.
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Illuminox on neck tumor illustration

Rakuten, MD Anderson partner to advance photoimmunotherapy, test combos

June 10, 2020
By Stacy Lawrence
Dead cancer cells in the body are thought to help trigger an active immune response in oncology patients, particularly in combination with immunotherapy drugs. Some technologies, such as radiation and laser therapy, that kill cancer cells are being investigated for use in combination with immunotherapies. Well-regarded oncology specialist The University of Texas MD Anderson Cancer Center has partnered with Rakuten Medical Inc. to further advance one such technology, the latter’s photoimmunotherapy platform Illuminox.
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Microscope image of SARS-CoV-2

Vayyar and Meditemi collaborate on robot that detects early COVID-19 in under 10 seconds

June 5, 2020
By David Ho
HONG KONG – Israel-based Vayyar Imaging Ltd. and Hong Kong-based Meditemi Co. Ltd. have teamed up to create a more intelligent care robot that provides a range of remote monitoring capabilities, including early detection of COVID-19 symptoms.
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Gold chain link engraved with "partnership"

Titan Medical, Medtronic team up on surgical robotics

June 4, 2020
By Meg Bryant
Toronto-based Titan Medical Inc. has inked a development and license agreement with Medtronic plc, of Dublin, to advance the development of single-port robotic-assisted surgical tools. A separate agreement gives Medtronic licensing rights to certain Titan intellectual property. The arrangement aligns with Medtronic’s goal of building its robotic-assisted surgery business and gives Titan’s financials a needed shot in the arm.
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Illustration of patient undergoing treatment with Reflexion X1

Reflexion, Merck team up on collaboration for biology-guided radiotherapy and Keytruda

June 1, 2020
By Liz Hollis
Hayward, Calif.-based Reflexion Medical Inc. reported a clinical collaboration with Merck & Co. Inc., of Kenilworth, N.J., to evaluate the safety and efficacy of Keytruda (pembrolizumab) in combination with biology-guided radiotherapy (BgRT) in multiple late-stage cancers. The goal is to establish whether treating multiple tumors with BgRT, a novel external beam radiotherapy treatment (EBRT) modality in development, is safe and amplifies Keytruda’s therapeutic effect.
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Lung cancer illustration

Inivata reveals collaboration, investment from Neogenomics

June 1, 2020
By Nuala Moran
LONDON – Neogenomics Laboratories Inc. is to make a $25 million equity investment in Inivata Ltd. and has taken an option to acquire all of the company as part of a U.S. commercialization agreement with the U.K. liquid biopsy specialist. Under the deal, Neogenomics will take over sales, marketing and billing for Inivata’s Invisionfirst circulating tumor DNA lung cancer test, which is intended to replace tissue biopsies.
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DNA NGS genome sequencing

Roche snaps up sequencing startup Stratos Genomics

May 26, 2020
By Meg Bryant
Pharma and diagnostics giant Roche Holding AG, of Basel, Switzerland, has acquired Seattle-based Stratos Genomics Inc., an early-stage sequencing technology company, in a move aimed at advancing development of Roche’s nanopore sequencer. Financial terms of the deal, which was first reported on Friday, were not disclosed.
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Microscope image of SARS-CoV-2

Mologic collaborating with Biosure to develop COVID-19 antibody self-test

May 14, 2020
By Nuala Moran
LONDON – Lateral flow diagnostics specialist Mologic Ltd. has teamed up with Biosure Ltd., manufacturer of the only CE approved HIV home testing kit, to produce a COVID-19 antibody self-test. The companies are combining Mologic’s validated IgG antibody lateral flow strip with Biosure’s test kit, and say the product will be ready for mass production at the beginning of June.
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