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These 10 stories mattered the most for medtech in 2020

December 18, 2020 By Chris Newmarker

6. Medtech IPOs and M&A continue

money-vc-raised-2018

[Image from unsplash.com]

Medtech IPOs and major M&A deals continued through the pandemic and recession, too — a sign of hope for the future after COVID-19.

Top stories on MassDevice in 2020 included the Butterfly Network’s announcement in November that it had entered into a definitive business combination agreement and would go public with Longview Acquisition Corp. Butterfly is developing the Butterfly iQ system, a transducer that uses semiconductor technology to perform whole-body imaging using a single handheld probe.

Other notable IPOs included Outset Medical, maker of the all-in-one Tablo hemodialysis system. Outset raised nearly $278 million.

Meanwhile, a major acquisition closed in the orthopedics space as Stryker completed its $4.7 billion purchase of Wright Medical, selling some of its arthroplasty systems to DJO to appease antitrust regulators in the U.S. and UK. Another major medtech M&A deal — Siemens Healthineers’ $16.4 billion acquisition of Varian Medical Systems — is slated to close in the first half of 2021, creating what the companies say will be the most comprehensive cancer care portfolio in the industry. – CN

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  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Contract Manufacturing
  • Med Tech Resources
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
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    • The Big 100
      • Archive – The Big 100 (2018)
    • Webinars / Digital Events
    • Whitepapers
    • Video
  • Leadership
    • Women in Medtech
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    • 2019 Winners