Key Surgical acquires Encompas Unlimited

Key Surgical recently announced that it has acquired Encompas Unlimited to expand its endoscopy product offerings. The financial details of the deal were not disclosed. This is the second acquisition that Key Surgical has completed after merging with Interlock Medizintechnik last year. Emcompas specializes in manufacturing, assembling and distribution a variety of endoscopy accessories and

Here are the top 5 medtech stories of mid-2018

A growing U.S. trade war with China and other countries casts a pall on medtech — and U.S. business in general — in mid-2018. The landscape of the medical device industry continues to evolve, though. There’s a major corporate spinout in the works, as well as a mega-merger that apparently was not to be. Read

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Gerresheimer to acquire Sensile Medical and its drug-delivery tech

Gerresheimer plans to acquire Swiss medical technology company Sensile Medical and its array of liquid drug delivery devices. The buyout is a perfect fit in Gerresheimer’s portfolio, the company explained, since it will boost Gerresheimer’s drug delivery offerings and add new digital and electronic capabilities into the mix. Get the full story at our sister site, Drug Delivery

Schott to acquire Primoceler and its glass micro-bonding packaging tech

Schott (Mainz, Germany) recently announced that it has agreed to acquire Primoceler Oy and its hermetic packaging portfolio with glass micro-bonding technology. The Primoceler technology out of Finland is meant to enable the manufacture of vacuum-tight, ultra-miniature, ultra-reliable medical implants. Financial terms of the deal, announced Monday, were not disclosed. Primoceler’s glass bonding method is based

Medline buys Canadian stroke rehab device maker NeuroGym

Medline has acquired physical therapy and rehabilitation equipment maker NeuroGym Technologies of Ottawa, Ontario. NeuroGym’s equipment is designed for people who have had a stroke or other traumatic brain injury, spinal cord injury, chronic neurological conditions such as multiple sclerosis, balance issues and/or the need for fall prevention therapy. The equipment requires the patient to initiate

Otsuka to acquire renal denervation firm ReCor Medical

Otsuka Holdings (TYO:4578) said today that it plans to acquire the remaining stake it doesn’t already own in ReCor Medical and the renal denervation device it’s developing to treat hypertension. Tokyo-based Otsuka led ReCor’s $15 million Series D in April 2015 to back Palo Alto, Calif.- and Amsterdam-based ReCor’s Radiance-HTN study, which will test its Paradise system in patients […]

MedPlast completes Advanced Surgical and Orthopedics acquisition, rebrands as Viant

MedPlast announced that it has finished the acquisition of Integer Holding’s Advanced Surgical and Orthopedics business. The company plans to rebrand as Viant to showcase the new strategic direction. “Today marks an exciting day for our company. The addition of Integer’s business expands our capabilities and offerings and enables us to achieve our goal of

Breast implant makers Polytech, G&G ink stock-swap merger pact

Silicone breast-implant makers Polytech Health & Aesthetics and G&G Biotechnology are getting together in a stock-swap merger. G&G designed the world’s first lightweight breast implant, the B-Lite, to reduce the impact of gravity on the reconstructed or augmented breast using technology developed by NASA to make its implants up to 30% lighter. The company sells its products in

Integer sells advanced surgical, ortho lines to MedPlast

Integer (NYSE:ITGR) has completed the spinoff of its advanced surgical and orthopedics products lines to MedPlast, LLC for $600 million in cash. Announced in May, the deal will double MedPlast’s top line and bolster the balance sheet for Integer, which missed expectations with its first-quarter earnings. MedPlast also announced that it will rebrand under the name

Belmont Instruments acquires Israeli temperature management firm MTRE Advanced Technologies

Belmont Instrument (Billerica, Mass.) recently acquired MTRE Advanced Technologies. The financial details of the deal were not disclosed. The acquisition allows Belmont to extend its portfolio to include non-invasive body temperature management solutions. MTRE’s normothermia management products include the Allon system and ThermoWrap disposable garment, as well as the temperature management portfolio including the CritiCool system

Resonetics acquires Swiss manufacturer Medelec

Resonetics (Nashua, N.H.) announced today that it has acquired Medelec (Puidoux, Switzerland). The financial details of the deal were not disclosed. “We are excited about the Medelec team joining Resonetics. Marc and Sandra But have established a very strong reputation in the medtech industry for precision and quality and have made significant investments in technology

Zeus acquires MWC Technologies

Zeus Industrial Products recently announced that it has acquired medical device component manufacturer MWC Technologies (Chattanooga, Tenn.). The financial details of the deal were not disclosed. “Since I founded the company in 1966, Zeus has been focused on continuing to grow and innovate. This acquisition support those goals. We are confident that our acquisition of

Novo acquires respiratory products supplier Innocath

Novo Klinik-Service (Bergheim, Germany), a portfolio company of SHS, recently announced that it has acquired Innocath (Duisburg, Germany). The fiancial details of the deal were not disclosed. With the acquisition, Novo is adding Innocath’s ventilated patient care products to its product line of airway management. Some of Innocath’s products include respiratory tubing systems, tubes, laryngeal

Stryker, Boston Scientific tie-up could create ‘higher growth Medtronic’

Analysts are eagerly digging into the news that Stryker (NYSE:SYK) put in a takeover bid with Boston Scientific (NYSE:BSX), though many were surprised by the news and are unsure of the obvious strategic value of the acquisition. News of the deal, which both companies have officially responded to with statemens of “no comment,” emerged yesterday at the […]

Webinar: Here’s how 2018 is shaping up for medtech

This webinar was presented live on Wednesday, July 11, 2018. Click below to watch on demand.   There has been a lot of news for the medical device industry and medtech during the first half of 2018, from the threat of tariffs to layoffs at IBM Watson Health. MassDevice and Medical Design & Outsourcing associate