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BioWorld - Thursday, July 7, 2022

Acquisition

Home » Topics » Deals and M&A » Acquisition
  • June 20, 2022
    By Tamra Sami

    Trajan completes AU$29.7M placement to acquire Chromatography Research Supplies

    Medical device and analytics company Trajan Group Holdings Ltd. completed an AU$29.7 million (US$20.7 million) placement to fund the acquisition of Louisville, Kentucky-based Chromatography Research Supplies Inc.
  • 10 28 boston science global headquarters marlborough mass
    June 16, 2022
    By Catherine Longworth

    Boston Scientific grabs majority stake in M.I. Tech for $230M

    Boston Scientific Corp. signed an agreement to purchase a majority stake (64%) of M.I. Tech Co. Ltd. for $230 million. The publicly traded Pyeongtaek South Korea-based company manufactures device solutions used in endoscopic and urologic procedures. Boston Scientific has distributed M.I. Tech’s Hanarostent non-vascular stent in Japan since 2015. The deal marks Boston Scientific’s first acquisition of the year, following a busy spending spree in 2021.
  • Ear hearing listen
    April 27, 2022
    By Tamra Sami

    Cochlear to acquire rival Oticon Medical for $121M

    Cochlear Ltd. will acquire Danish hearing implant company Oticon Medical A/S for AU$170 million (US$121 million) after parent company the Demant Group said it planned to exit its hearing implants business. Cochlear CEO Dig Howitt said that Oticon Medical is expected to add AU$75 to AU$80 million to Sydney-based Cochlear’s annual revenue, although Oticon Medical is currently “loss making.” In 2021, Demant’s hearing Implants saw revenue of $73 million.
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  • April 11, 2012
    By Jennifer Boggs

    Profit vs. Value: When Activist Shareholders Attack

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