Dutch Biomaterials Giant to Acquire Kensey Nash for $350M in Cash for Stock

        Royal DSM offers to buy Kensey Nash for about $350 million in cash Deal is expected to expand DSM’s footprint in the regenerative medicine business Offer comes as DSM is revamping to become life sciences and materials business Kensey Nash Agrees to Be Acquired by DSM for $38.50 per Share in [...]

Orthofix Divests Its Sports Medicine Business, Breg, to the Private Equity Firm for $157.5M Cash

Orthofix International Announces Signing of Agreement to Sell Sports Medicine Business Unit to Water Street Healthcare Partners (press release) Orthofix International N.V., (NASDAQ:OFIX - News) (the Company) announced today that it entered into a definitive agreement under which Water Street Healthcare Partners, a strategic private equity firm focused exclusively on the health care industry, will acquire Orthofix’s Sports [...]

Smith and Nephew Acquires Biomedical Simulation Company

London company buys O.C. medical software firm (Orange Co Register) LifeModeler Inc., a San Clemente software company, has been acquired by the U.S. subsidiary of London-based Smith & Nephew, a medical technology company. LifeModeler creates biomechanical human body simulation tools and services that can shorten the development of new ortopedic products. Smith & Nephew, with $4.3 billion in [...]

Biomet Makes a Public Bid to Acquire DePuy Trauma Business for $280M Cash

Biomet Announces Offer to Acquire DePuy Trauma Business (press release) Biomet bids on DePuy unit (Fort Wayne Gazette) Biomet, Inc. a global leader in the manufacture of musculoskeletal medical products, announced today that it has made a binding offer to acquire the worldwide trauma business of DePuy Orthopaedics, Inc. Under the terms of the offer, which [...]

Is Medtronic Ready to Consider Selling Off Its Spine Unit, Sofamor Danek?

Medtronic indicates it’s considering selling its spine unit (OrthoSpineNews) Another quarter of weak sales in Medtronic’s division for spine devices stirred talk Tuesday about whether the Fridley-based manufacturer eventually might sell the business unit. For months, stock analysts have questioned whether Medtronic should divest itself of the Memphis-based division for spine surgery devices, which generates about [...]

Orchid Orthopedic Solutions Acquires Sandviks Medical Solutions Division

List of Recent Mergers & Acquisitions Sandvik sells Medical Solutions unit (press release) Swedish engineer Sandvik is to sell its medical technology business to private equity-owned Orchid Orthopedic Solutions for an undisclosed sum, as it further streamlines its business. “The divestment of Sandvik Medical Solutions is in line with our strategy to exit operations outside of [...]

J&J Defends the Synthes Acquisition at the European Union Antitrust Hearing

    J&J Defends Synthes Bid at European Union Antitrust Hearing (BusinessWeek) Johnson & Johnson defended its planned acquisition of orthopedics maker Synthes Inc. at a meeting with European Union antitrust regulators yesterday. “There was an oral hearing,” said Antoine Colombani, a spokesman for the European Commission in Brussels. He declined to comment further. A hearing usually [...]

18 Orthopedic Company Partnerships & Acquisitions Completed in the Last 6 Months

      18 Orthopedic Device Company Partnerships & Acquisitions   (Laura Miller @ Beckers) 1. Arthrex partnered with ThermoGenesis to market the ThermoGenesis Res-Q System for autologous platelet-rich plasma and bone marrow concentrate. 2. Bacterin signed a distribution agreement with Jeil Medical to distribute Jeil’s LeForte System. 3. Baxter International acquired Synovis, a provider of biologic and mechanical [...]

Zimmer Acquires Synvasive Technology for Its Advanced Cutting Systems

      Zimmer Announces Acquisition of Synvasive Technology, Inc. (press release) Zimmer Strengthened by Addition of Innovative Instrumentation Systems and Advanced Surgical Cutting Technology  Zimmer Holdings, Inc. (NYSE and SIX: ZMH) announced today that it has acquired Reno, Nevada-based Synvasive Technology, Inc.  The acquisition will enhance Zimmer’s product portfolio through the addition of Synvasive’s STABLECUT® surgical saw blades, [...]

MTF Acquires PRP & PRFM Technologies From Cascade Medical Enterprises

     Cascade Medical Enterprises, LLC Announces the Sale of Their Orthopedic Business (press release) WAYNE, N.J., Jan. 6, 2012 /PRNewswire/ – Cascade Medical Enterprises, LLC (CME), a leading company with proprietary platelet-rich plasma (PRP) and platelet-rich fibrin matrix (PRFM) technology for use in orthopedic therapeutic applications in soft tissue and bone repair, announced the sale of their technology to Musculoskeletal [...]

Synovis, the Orthopedic Soft Tissue Repair Company, Acquired by Baxter for $325M

        Synovis to be acquired for $325M Baxter International Inc. said it is buying Synovis Life Technologies Inc., a medical device company in St. Paul, for $325 million. The deal is expected to close early next year. Baxter is a global maker of blood products and intravenous drugs based in Deerfield, Ill. [...]

Symmetry Medical Acquires J&Js Codman Surgical Instruments Business for $165M Cash

    Symmetry Medical to Acquire the Surgical Instruments Business of Codman & Shurtleff (press release) Summary of Strategic and Financial Benefits of the Transaction Diversifies Symmetry’s revenue base with higher margin hospital direct business representing ~25% of total revenue; 2011 pro-forma revenue for the acquired surgical instrument business is approximately $60 million; Strengthens Symmetry’s intellectual [...]

Meet Marle… Europes Largest Implant Contract Orthopedic Manufacturing Business

      Carlyle portfolio company Marle buys ATS-Sferic (press release) Marle becomes Europe’s largest implant contract manufacturing business Growth capital investment by Carlyle Group in 2009 Carlyle Group’s portfolio company Marle International, a France-based manufacturer of orthopedic implants, on Thursday said it has bought ATS-Sferic, a medical casting business. The deal seals Marle’s position as [...]

ExtraOrtho, a Memphis-Based External Fixation Startup, Is Acquired by Zimmer

            ExtraOrtho website    Funding in 2009    Zimmer press release Memphis-based ExtraOrtho is acquired by Zimmer Holdings of Warsaw, Indiana (Memphis Commercial Appeal) Memphis-based ExtraOrtho, a medical device company that received funding from Innova and TNInvestco, has been acquired by Zimmer Holdings, company officials have announced. The deal includes ExtraOrtho’s external fixation line, [...]

J&J’S $21.3B Acquisition of Synthes to Go Through EU Antitrust Review by March 2012

        EU opens probe into Johnson & Johnson’s Synthes buy (press release) – EU launches investigation due to antitrust concerns – To make a final decision on acquisition in March BRUSSELS -(MarketWatch)- U.S. pharmaceutical company Johnson & Johnson’s JNJ -0.34% $21.3 billion bid for Synthes Inc. has been referred to a second-phase in-depth probe by the [...]

Messy Details Emerge Regarding Stryker’S Sale of OP-1 to Olympus for $60M

      Stryker to sell OP-1 to Olympus to $60M for all bone applications (news from Dec 2010) The Forecast Calls for Pain (The Spine Blogger) INSIGHT-Anatomy of a costly biotech deal for Olympus (Reuters) * $60 mln purchase of Stryker assets may cost 50 pct more * Olympus made $25 mln loan to NY firm to [...]

Modular Locking Small Fragment System Developed by Internal Fixation Systems

         Internal Fixation Systems website Internal Fixation Systems, Inc. Announces Sale of Modular Locking Small Fragment System MIAMI, Oct. 24, 2011 /PRNewswire/ — Internal Fixation Systems, Inc. (OTC QB: IFIX) today announces that it has commenced offering for sale the initial modules (consisting of basic instruments and screws and 1/3 tubular plates) of its FDA [...]

What Is NuVasive Up To? …Acquiring an Intraoperative Monitoring Provider?

           NuVasive… Is this a brilliant new business or do they see the end of spine implant growth? NuVasive Signs Agreement to Acquire Impulse Monitoring (press release) 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 [...]

Integra LifeSciences Acquires Ascension Orthopedics for $65M to Build Its Extremities Franchise

      Integra LifeSciences Announces Agreement to Acquire Ascension Orthopedics (press release) The numbers… $65M cash IART pays 3.4 X sales in 2010 of $19M Ascension generated operating losses of about $2M per quarter Ascension products will become 45% of Integra’s Orthopedics revenues   PLAINSBORO, N.J. and AUSTIN, Texas, Sept. 12, 2011 (GLOBE NEWSWIRE) — Integra [...]

List of Orthopedic Mergers & Acquisitions From 2010-2011

  List of Orthopedic Mergers & Acquisitions from 2010-2011 (newest to oldest by announcement date) Sep 2011 Ascension Orthopedics acquired by Integra LifeSciences  for $65M Suzhou Best acquired by Microport Orthopedics  for $17M Aug 2011 none July 2011 Salient Surgical acquired by Medtronic for $525M PEAK Surgical acquired by  Medtronic for $120M KCI acquired by private equity firm [...]

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May 18, 2012

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