Medical device maker Integra LifeSciences Holdings Corp said it would buy Johnson & Johnson’s Codman neurosurgery business for $1.05 billion in cash, to expand its presence outside the United States.Integra, which makes products used in neurosurgery, reconstruction, wound and dental care, made a “binding offer” for the Codman business, which will bolster its pipeline of […]
Acquisitions
ChoiceSpine acquires Exactech’s spine assets
KNOXVILLE, TENN. – February 1, 2017 – ChoiceSpine, a privately held spinal fusion device manufacturer based in Knoxville, Tenn., announced today it has acquired the spinal assets of Exactech (Nasdaq:EXAC). Exactech is a developer and producer of bone and joint restoration products for extremities, hip, knee and spine, with corporate headquarters in Gainesville, Fla. “This […]
Exactech Announces Divestiture of Spine Assets and Restructuring Charges
GAINESVILLE, Fla.–(BUSINESS WIRE)–With the goals of increasing productivity, enhancing profitability of its worldwide business, and strengthening its focus on core competencies, Exactech, Inc., (Nasdaq: EXAC), a developer and producer of bone and joint restoration products for extremities, hip, knee and spine, has announced the restructuring of its Spine and Biologics business segment including the divestiture […]
DePuy Synthes Acquires Interventional Spine Expandable Cage Technology to Accelerate Growth in Spine
RAYNHAM, Mass., Jan. 3, 2017 /PRNewswire/ — DePuy Synthes Products, Inc., part of the Johnson & Johnson Family of Companies, announced today an asset purchase and development agreement with Interventional Spine, Inc., a privately held manufacturer of expandable cage and minimally invasive surgery (MIS) technologies for spinal fusion. The Interventional Spine agreement is the latest example […]
SpineVision® SA announces Acquisition by Norgine Ventures B.V.
Paris. Tuesday 6 September 2016, 07:00 BST. SpineVision® SA and Norgine Ventures B.V. today announced they have entered into a definitive agreement under which Norgine Ventures acquired SpineVision®. SpineVision® is an integrated spinal technology company focused on the development and marketing of implants and instrumentation for spinal treatment. Arnaud Brisard, Chief Executive Officer, SpineVision® commented […]
Alphatec Holdings Completes Sale of International Business to Globus Medical
CARLSBAD, Calif., Sept. 01, 2016 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a provider of spinal fusion technologies, today announced the completion of the previously announced sale of its international operations and distribution channel to Globus Medical (NYSE:GMED), a leading musculoskeletal implant manufacturer. With the closing of the […]
SeaSpine Signs Definitive Agreement to Acquire Expandable Interbody Platform Technologies
CARLSBAD, Calif., Aug. 18, 2016 (GLOBE NEWSWIRE) — SeaSpine Holdings Corporation (NASDAQ:SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today announced that it is has entered into a definitive agreement to acquire substantially all of the assets of NLT Spine Ltd. (NLT), an Israel-based medical device company […]
Alphatec Holdings Announces Sale of International Business to Globus Medical
CARLSBAD, Calif., July 26, 2016 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a global provider of spinal fusion technologies, announced today that it has entered into a definitive agreement with Globus Medical (NYSE:GMED), a leading musculoskeletal implant manufacturer, whereby Globus will acquire Alphatec’s international operations and distribution channel […]
Merit Medical Acquires DFINE, Inc.
SOUTH JORDAN, Utah, July 06, 2016 (GLOBE NEWSWIRE) — Merit Medical Systems, Inc. (NASDAQ:MMSI), a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology, radiology and endoscopy, today announced that it has acquired DFINE, Inc. headquartered in San Jose, California, in a merger transaction through which DFINE has become a wholly-owned subsidiary […]
NuVasive to Acquire Biotronic NeuroNetwork
NuVasive, Inc. (NASDAQ: NUVA), a leading medical device company focused on transforming spine surgery, and Biotronic NeuroNetwork (“Biotronic”), a provider of intraoperative neurophysiological monitoring services, today announced that they have entered into a definitive agreement under which NuVasive will acquire Biotronic for $98 million in cash. The Board of Directors of both companies have unanimously […]
Zimmer Biomet Completes Acquisition of Cayenne Medical
WARSAW, Ind., May 16, 2016 /PRNewswire/ — Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global leader in musculoskeletal healthcare, announced today the completion of its previously announced acquisition of Scottsdale, Arizona-based Cayenne Medical, Inc. Cayenne Medical designs, develops and markets technically advanced soft tissue repair and reconstruction solutions for the knee, shoulder and […]
DePuy Synthes Companies Announces Acquisition of Biomedical Enterprises
WEST CHESTER, Pa. – May 9, 2016 – DePuy Orthopaedics, Inc., part of the DePuy Synthes Companies of Johnson & Johnson, announced today that it has acquired privately-held BioMedical Enterprises, Inc. (BME), a leading manufacturer of Nitinol orthopaedic implants for small bone fixation. The implants are used to treat bunions, hammertoes and other foot and […]
Stryker Acquires SafeWire Product Portfolio
ALLENDALE, N.J.–(BUSINESS WIRE)–Stryker’s Spine division today announced the acquisition of the SafeWire product portfolio, including the Y-Wire guidewire and Tiger Jamshidi Needle Family for use in minimally invasive spine surgery. The acquisition is highly complementary to Stryker’s current spine product portfolio and is aligned with the Spine division’s strategy of expanding its product offering for […]
NuVasive takes over Ellipse Technologies for $410M
NuVasive (NASDAQ:NUVA) acquires privately held Ellipse Technologies for $380M cash upfront and a potential $30M milestone payable in 2017 related to specific revenue targets. NUVA expects the transaction to accelerate its top line growth in the high-single-digit range and be slightly accretive to its non-GAAP EPS in the first year and significantly accretive thereafter.Ellipse develops […]
Amendia Continues to Expand by Acquiring the Business of Custom Spine
MARIETTA, GA (PRWEB) JULY 28, 2015–Amendia Inc., a leading provider of innovative spinal technologies, announced today that it has acquired the business of Custom Spine, Inc. Since 2003, Custom Spine, a New Jersey-based company, has developed an extensive portfolio of new generation, surgeon-friendly spinal technologies. The Custom Spine transaction is a new milestone for Amendia, […]
Tyber Medical Acquires Exclusive Licensing Agreement for Antimicrobial Surface Coating Technology
MORRISTOWN, N.J., July 14, 2015 /PRNewswire/ — Tyber Medical, LLC, a private label original equipment manufacturer of spine and orthopaedic implants, announced today it has acquired an exclusive licensing agreement for an antimicrobial surface coating technology, to be used in certain orthopaedic applications. The agreement between Tyber Medical and a prestigious biomaterial research institution also […]
In’Tech Medical Acquires Turner Medical to Become a World Leader in Orthopedic Contract-Manufacturing
Memphis, TN (PRWEB) July 02, 2015–In’Tech Medical SAS (http://www.intech-medical.com), a leader in the development and manufacturing of surgical instruments in Orthopedics, announced today the acquisition of Turner Medical, Inc., thus becoming a global leader in orthopedic contract-manufacturing and the world’s largest provider of surgical instruments to the Spine Industry. The acquisition of Turner Medical ideally […]
Amendia, Inc. Completes SpineSelect Acquisition
Marietta, Ga (PRWEB) June 23, 2015–Amendia, Inc., a leading provider of innovative spinal surgical devices and instruments, announced today the acquisition of certain assets of SpineSelect, LLC of Tupelo, Mississippi, a spine company focused on providing minimally-invasive systems, implants, and instruments. The acquisition allows Amendia to broaden its innovative product portfolio to include a unique […]
Integra to Complete Tax-Free Spin-Off of SeaSpine on July 1, 2015
PLAINSBORO, N.J., June 9, 2015 (GLOBE NEWSWIRE) — Integra LifeSciences Holdings Corporation (Nasdaq:IART) today announced that the Board of Directors of Integra has approved the separation of SeaSpine Holdings Corporation (“SeaSpine”) from Integra in the form of a tax-free dividend involving the distribution of all outstanding shares of SeaSpine common stock to holders of Integra common stock. […]
Medtronic Completes Acquisition of Sophono, Inc., Minimally Invasive Bone Conduction Hearing Implant Technology
DUBLIN – March 26, 2015 – Medtronic plc (NYSE: MDT) announced today that it has completed the acquisition of Sophono, Inc., a privately held developer and manufacturer of innovative magnetic hearing implants in Boulder, Colorado. This acquisition enables Medtronic’s Ear Nose and Throat (ENT) business to continue its focus on novel therapies and innovative technology […]
Globus Medical Announces the Acquisition of Branch Medical Group, Inc.
AUDUBON, Pa.–(BUSINESS WIRE)–Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal implant manufacturer, today announced that it has entered into an agreement to acquire Branch Medical Group, Inc. (“BMG”), a third party manufacturer of high precision medical devices. Under the terms of the agreement Globus has agreed to pay $52.9 million in cash, subject to certain […]
$13 Billion Bold Play: Zimmer Holdings, Inc’s Purchase of Biomet
In mid-December there was at least some chance that ortho giant Zimmer (NYSE:ZMH ) would make a bid for Biomet and become the dominant company in hip and knee implants, as well as leverage stronger share in areas like extremities, dental, trauma, and spine. That speculation has come to pass, as Zimmer has announced a […]
Wright Medical Concludes Take over
Orthopedic devices maker Wright Medical Group recently reported that it had concluded its take over of BioMimetic Therapeutics. This deal will amalgamate Wright Medical’s strong sales team and product lineup with BioMimetic’s biologics offering pipeline.On Nov 19, 2012, Wright Medical revealed its intention to take over BioMimetic Therapeutics for an initial cash payment of $190 […]
Spinal surgery firm TranS1 to acquire Baxano for $23.6M
RALEIGH, N.C. —Spinal surgery medical device maker TranS1 (NASDAQ: TSON) is expanding its focus on minimally-invasive lumbar spine treatments with the acquisition of another spinal products company, Baxano, in a stock deal valued at about $23.6 million. Raleigh-based TranS1 will issue approximately 10.4 million shares of TranS1 common stock and pay $550,000 in cash to […]
Stryker Offers to Buy China Spine-Products Maker
Stryker Corp. offered to pay $764 million in cash for the spine-products maker Trauson Holdings Co. and a foothold in the fast-growing Chinese orthopedics market.The deal follows Medtronic Inc.’s September acquisition of Chinese orthopedics company Kanghui Holdings Co. for $816 million. U.S. medical-device makers, facing sluggish markets for high-end devices such as spine and hip […]
Medtronic completes acquisition of Kanghui
Medtronic Inc. has completed its acquisition of China Kanghui Holdings, a provider of orthopedic devices in China.According to a company press release, Medtronic paid approximately $816 million in cash under the terms of the agreement announced on Sept. 27. The total value of the transaction, net of Kanghui’s cash, is expected to be approximately $755 […]
Premia Spine Acquires Assets of Impliant
RAMAT POLEG, Israel, May 19, 2011 /PRNewswire/ — Premia Spine, Ltd. announced today that the company acquired Impliant, Ltd. assets, which include 16 worldwide patents. Premia intends to commercially launch the TOPS(TM) System and its adjunct Versalink(TM) Fixation System in third quarter of 2011. “We are excited about the opportunity to provide patients with a clinically-proven, superior solution to […]