In early validation of widespread predictions of a robust year for M&A activity, Boston Scientific Corp. signed a definitive agreement to acquire the 74% of Bolt Medical Inc. it doesn’t already own for $443 million up front and up to $221 million in contingent milestone payments.
Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Biomediq, Catalyst Medtech, Edap, Johnson & Johnson Medtech, Karl Storz, Molex Asia Holdings, Northstar Medical, Phillips Medisize, Qiagen, Reflexion, Screenpoint Medical, Tandem Diabetes Care, Trutechnologies, Vectura, Yap Therapeutics.
Xeltis BV completed enrollment in the EU pivotal trial for its restorative vascular access conduit, Axess. The prospective study will investigate the patency, safety and performance of Axess in adult patients with end-stage renal disease requiring vascular access to start or maintain hemodialysis therapy.
South Korea’s government continued to ramp up investment in its pharmaceutical and med-tech sector in 2025, including a 7.2% hike for the Ministry of Health and Welfare’s budget and a near 15% increase in funding to research and develop innovative biotechnologies.
With more than 60 acquisitions completed in the last decade, Stryker Corp. shows little fear in committing to offers that allow it to obtain the companies and technologies that have driven its impressive growth in stock price – up from $92 in Jan. 2015 to $356.70 in Jan. 2025. Still, the definitive agreement to buy Inari Medical Inc. for $4.9 billion comes in at the upper range, along with the $4 billion acquisition of Wright Medical Group NV in 2020 ($5.4 billion with debt included), $3 billion for Vocera Communications in 2022, and $2.8 billion for Sage Products in 2016.
New hires and promotions in the med-tech industry, including: Anaconda Biomed, Clarimed, Echolight, Endologix, Mannkind, Renovaro, Simpson Interventions.
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