ATLANTA What makes a company attractive for a merger or an acquisition? A small panel during the Southeastern Medical Device Association's (SEMDA; Norcross Georgia) annual meeting discussed what companies should do to be placed on the radar to be acquired.
In the March 15 issue of Medical Device Daily, there were two stories that discussed the medical technology industry in the U.S., and neither of them cast a particularly flattering light on the current state of affairs. In fact, it appears that this once proud and successful domestic industry is on life support. Perhaps the most credible criticism came from Tom Fogarty, a legendary entrepreneur in the medical device field. In a story written by Senior Staff Writer Amanda Pedersen, Fogarty asserted that “it’s reached a point in the field of medicine that we in the U.S. are no longer...