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 […]
Acquisitions
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 […]
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 […]
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 […]
NuVasive Signs Agreement to Acquire Impulse Monitoring
SAN DIEGO, CA, Sep 28, 2011 (MARKETWIRE via COMTEX) — NuVasive, Inc. (NASDAQ: NUVA), a medical device company focused on developing minimally disruptive surgical products and procedures for the spine, announced today that it has executed a definitive agreement for the purchase of Impulse Monitoring, Inc., a leading Intra-Operative Monitoring (IOM) provider in the United […]
Orthovita, Inc. Agrees To Be Acquired by Stryker Corporation for $3.85 Per Share in Cash
MALVERN, Pa.–(BUSINESS WIRE)–Orthovita, Inc. (Nasdaq: VITA) today announced that it has entered into a merger agreement under which Stryker Corporation (NYSE: SYK) has agreed to acquire all of the common stock of Orthovita for $3.85 per share in cash which represents a total value of approximately $316 million. William E. Tidmore, Chairman of the Board, […]
Integra LifeSciences Acquires SeaSpine
PLAINSBORO, N.J., May 24, 2011 (GLOBE NEWSWIRE) — Integra LifeSciences Holdings Corporation (Nasdaq:IART) today announced that it has acquired SeaSpine, Inc., a provider of high quality, innovative products for the spine fusion market, for $89 million in cash, subject to certain post-closing adjustments. After the combination, the spine and orthobiologics portfolio is now the largest […]
Johnson & Johnson and Synthes Announce Definitive Merger Agreement – DePuy
New Brunswick, N.J., and West Chester, PA (USA), April 27, 2011–Johnson & Johnson (NYSE: JNJ), the world’s most comprehensive and broadly-based manufacturer of health care products, and Synthes, Inc. (SWX:SYST.VX), a premier global manufacturer of orthopaedic devices, today announced that they have entered into a definitive agreement whereby Johnson & Johnson will acquire Synthes for […]
Globus Medical Announces the Acquisition of Facet Solutions Inc.
AUDUBON, Pa., Jan. 12, 2011 /PRNewswire/ — Globus Medical, Inc., the largest privately held spinal implant manufacturer in the world, today announced that it has acquired substantially all of the assets of Facet Solutions, Inc. of Hopkinton, Mass. The terms of the acquisition are undisclosed. Facet Solutions Inc., a leader in the development of total facet arthroplasty devices, has been […]
Medtronic Completes Acquisition of Osteotech
MEMPHIS, Tenn.–(BUSINESS WIRE)–Moving to expand its Biologics product offerings, Medtronic, Inc. (NYSE: MDT), announced today it has completed the acquisition of Osteotech, following payment of $6.50 per share in cash for each share of Osteotech stock, with a total transaction value of approximately $123 million. Osteotech is a leader in the growing field of biologic […]
Captiva Spine Acquires Proprietary Cervical Plate System, SmartLox™
Jupiter, FL, October 06, 2010 –(PR.com)– Captiva Spine, Inc., a medical device organization dedicated to developing and distributing spinal technologies in the US and internationally, announced today that it has signed an agreement with Dr. Kamaljit Paul, Oshkosh, WI, to acquire the license to a Cervical Plate System designed and patented by Dr. Paul. The […]