SAN DIEGO (AP) — Medical device maker NuVasive Inc. said Monday it acquired ANC LLC, one of the key suppliers of its spinal implants, for $4.5 million.NuVasive said the companies have worked together since May 2010. NuVasive wants to handle more of its own manufacturing so it can improve its profitability. It said the acquisition […]
NEWS
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 […]
Pioneer® Surgical Technology, Inc. Announces Agreement to Acquire Exclusive Access to the Cequence™ Cervical Plate System From SpineSmith, LP
MARQUETTE, Mich., Oct. 8 /PRNewswire/ — Pioneer Surgical Technology, Inc. and SpineSmith, LP are pleased to announce a deal in which Pioneer Surgical will acquire exclusive rights to manufacture and distribute the Cequence™ anterior cervical plate. As part of the agreement, Pioneer Surgical will become the manufacturer of record and offer the Cequence system through its existing […]
Amedica® Corporation Acquires US Spine, Further Securing Its Leadership Position in the Spinal Device Marketplace
SALT LAKE CITY, Utah, Sept. 21 /PRNewswire/ — Amedica Corporation (AC), a spinal and orthopaedic implant and instrument company focused on unique silicon nitride (SiN) ceramic technologies, announced today that it has acquired US Spine, a privately held, well-known medical device company focused on the development and commercialization of advanced spinal implant systems. Development efforts at Boca Raton-based […]
Alphatec Spine Completes Acquisition of Scient’x Groupe SAS
CARLSBAD, Calif., March 29, 2010 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spine disorders, with a focus on treating conditions affecting the aging spine, announced today the closing of its previously announced […]