BioSpace.com News

Tyco International Ltd. to Buy for $150 Million

Wed, 19 Jun 2013 12:00:00 AM GMT

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Tyco to Acquire Exacq Technologies

NEUHAUSEN, Switzerland, June 19, 2013 /PRNewswire/ -- Tyco (NYSE: TYC...

Techne Corp. Agrees to Purchase for $104 Million

Tue, 18 Jun 2013 12:00:00 AM GMT

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Techne Corporation Announces Acquisition Agreement

MINNEAPOLIS, June 18, 2013 /PRNewswire/ -- Techne Corporation (NASDAQ: TECH) ...

CareFusion Corporation May be Weighing 2 Very Different Deals

Mon, 17 Jun 2013 12:00:00 AM GMT

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At the risk of sounding a bit mean, CareFusion (NYSE:CFN) doesn't get all that much attention in the market. The company has a solid business between its operations in pharmaceutical dispensing, infusion, respiratory...

Carl Zeiss to Acquire Xradia for Undisclosed Amount

Fri, 14 Jun 2013 12:00:00 AM GMT

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ZEISS to Acquire Xradia to Complement Its Microscopy Business

OBERKOCHEN, GERMANY and PLEASANTON, CA--(Marketwired - Jun 13, 2013) - ZEISS, the international leader in...

Life Technologies Acquires Leading Instruments Distributor in Korea

Fri, 14 Jun 2013 12:00:00 AM GMT

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CARLSBAD, Calif., June 13, 2013 /PRNewswire/ --Life Technologies...

Mindray Medical to Buy ZONARE Medical Systems, Inc. for $105 Million

Thu, 13 Jun 2013 12:00:00 AM GMT

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Mindray to Acquire ZONARE Medical Systems

SHENZHEN, China, June 12, 2013 /PRNewswire/ -- Mindray Medical International Limited (NYSE...

RTI Biologics to Acquire Pioneer Surgical Technology for $130 Million Cash

Wed, 12 Jun 2013 12:00:00 AM GMT

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RTI Biologics Announces Agreement to Acquire Pioneer Surgical Technology

ALACHUA, Fla.--(BUSINESS WIRE)-- RTI Biologics Inc. (RTI) (RTIX), a leading provider of orthopedic...

Teleflex Incorporated Acquires Innovative Technology for Laryngeal Masks and other Airway Management Devices

Wed, 12 Jun 2013 12:00:00 AM GMT

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LIMERICK, Pa.--(BUSINESS WIRE)--Teleflex Incorporated (NYSE: TFX), a leading global provider of medical devices for critical care and surgery, today announced it has acquired the assets of Ultimate Medical and...

Palomar Medical Technologies Signs Memorandum of Understanding Regarding Settlement of Delaware Merger Litigation

Tue, 11 Jun 2013 12:00:00 AM GMT

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BURLINGTON, Mass., June 10, 2013 (GLOBE NEWSWIRE) -- Palomar Medical Technologies, Inc. (Nasdaq:PMTI) today announced that it has entered into a memorandum of understanding with plaintiffs in the Delaware putative...

ICU Medical, Inc. Draws Interest From CareFusion Corporation as Bids Loom

Mon, 10 Jun 2013 12:00:00 AM GMT

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ICU Medical Inc, which is exploring a sale of the medical device company, has attracted takeover interest from larger rival CareFusion Corp, according to several people familiar with the matter.San Clemente...

Baxter Ventures Invests in Ocular Therapeutix, Inc.

Mon, 10 Jun 2013 12:00:00 AM GMT

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Baxter Ventures Invests in Ocular Therapeutix, Inc.

BEDFORD, Mass.--(BUSINESS WIRE)-- Ocular Therapeutix, Inc. announced today that it has secured additional financing...

BC Technical Acquires MEDX for Undisclosed Amount

Mon, 10 Jun 2013 12:00:00 AM GMT

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BC Technical Acquires MEDX

WEST JORDAN, Utah, June 8, 2013 /PRNewswire/ -- BC Technical, the nation's leading non-OEM medical imaging...

MedTest Holdings Acquires Pointe Scientific, Inc.

Mon, 10 Jun 2013 12:00:00 AM GMT

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CORTLANDT MANOR, N.Y., June 10, 2013 /PRNewswire/ -- MedTest Holdings, the parent company of MedTest...

Bayer AG Acquires Conceptus, Inc. for $1.1 Billion

Fri, 07 Jun 2013 12:00:00 AM GMT

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Bayer acquires majority interest in Conceptus

Leverkusen, June 5, 2013 The Bayer Group has successfully completed its tender offer for the outstanding shares of Conceptus...

St. Jude Medical Invests $40 Million in Spinal Modulation; Gains Option to Acquire Company

Fri, 07 Jun 2013 12:00:00 AM GMT

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St. Jude Medical Inc. (STJ) has agreed to invest $40 million in a privately held medical device company that developed a new pain management therapy, gaining the right to exclusively distribute the system and...

Teleflex Incorporated Announces Acquisition of

Fri, 07 Jun 2013 12:00:00 AM GMT

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Teleflex Acquires Microlaparoscopy Surgical Platform Technology

LIMERICK, Pa.--(BUSINESS WIRE)-- Teleflex Incorporated (NYS: TFX) , a leading global provider of medical...

Johnson & Johnson's Orthopedic Biz Head: We are Still Struggling With the Integration of Synthes, Inc. a Year Later

Thu, 06 Jun 2013 12:00:00 AM GMT

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The world's largest healthcare group Johnson & Johnson (J & J) is struggling with the integration of almost a year ago for $ 19.7 billion acquired Swiss-American orthopedic specialist Synthes. "We still have...

Thermo Fisher Scientific Unveils $2.2 Billion Stock Sale to Fund Life Technologies Buy

Thu, 06 Jun 2013 12:00:00 AM GMT

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WALTHAM, Mass.--Thermo Fisher Scientific Inc. (NYSE:TMO) ("Thermo Fisher" or the "company") today announced an underwritten public offering of $2.2 billion of its common stock in connection with the forward...

Baxter International, Inc. Sells $3.5 Billion of Bonds in Five Parts for Gambro AB Deal

Thu, 06 Jun 2013 12:00:00 AM GMT

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Baxter International Inc. (BAX), the worlds second-largest maker of dialysis products, issued $3.5 billion of debt in five parts to help fund its 18.3 billion kronor ($2.8 billion) acquisition of Gambro AB...

Zimmer Bags Small Bone Biz for Undisclosed Amount, Second Purchase This Month

Tue, 04 Jun 2013 12:00:00 AM GMT

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Zimmer Acquires NORMED Medizin-Technik GmbH

WARSAW, Ind., June 4, 2013 /PRNewswire/ -- Zimmer Holdings, Inc. (NYSE: ZMH; SIX: ZMH) announced today that it has acquired...

GE Healthcare Boosts Ultrasound Stake With Unisyn Technologies Acquisition

Mon, 03 Jun 2013 12:00:00 AM GMT

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GE Healthcare announced the acquisition of Unisyn Medical Technologies (Golden, CO) Transactional Business segment. While neither company provided details on the financial terms of the agreement, GE Healthcare...

Allenex AB Agrees to Sell Holding in AnaMar Medical

Mon, 03 Jun 2013 12:00:00 AM GMT

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STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Allenex (STO:ALNX) has agreed to sell its holding in AnaMar AB to the companys main owner Koncentra Holding. The price is set to 1,7 mkr. Allenex became an owner...

Kettering Medical Center Acquires Elekta's Versa HD Radiotherapy System

Mon, 03 Jun 2013 12:00:00 AM GMT

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KETTERING, Ohio, June 3, 2013 /PRNewswire/ -- Kettering Medical Center (Kettering, Ohio...

Smiths Group in Early Talks to Sell Medical Unit for $3 Billion+: Source

Fri, 31 May 2013 12:00:00 AM GMT

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British engineering company Smiths Group (SMIN.L) is in early-stage talks on a sale of its medical division which could raise more than 2 billion pounds ($3.04 billion), a source familiar with the situation...

Oncologix Tech, Inc. (OCLG) Plans Expansion; Talks Underway with Two Healthcare Service Providers

Fri, 31 May 2013 12:00:00 AM GMT

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GRAND RAPIDS, Mich., May 30, 2013 /PRNewswire/ -- Oncologix Tech Inc. (OTCBB: OCLG), a diversified medical...

Uscom Limited to Acquire New Zealand-Based Pulsecor and New Blood Pressure Products

Thu, 30 May 2013 12:00:00 AM GMT

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SYDNEY AUSTRALIA 30 May 2013: Uscom (ASX: UCM) Uscom Limited today signed a deed to acquire all assets of Pulsecor Limited. Pulsecor Limited is a New Zealand company which has developed novel non-invasive central...

Valeant Pharmaceuticals International Sees Bausch & Lomb Acquisition as China Entry

Thu, 30 May 2013 12:00:00 AM GMT

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by Richard Daverman, PhD

May 29, 2013 -- Valeant Pharma, Canadas largest drugmaker, announced yesterday it would pay $8.7 billion to acquire Bausch & Lomb. With the transaction, Valeant bought a substantial...

Valeant Pharmaceuticals International Will Buy Bausch & Lomb in $8.7 Billion Deal for Eye Care

Tue, 28 May 2013 12:00:00 AM GMT

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Valeant Pharmaceuticals International, Inc. To Acquire Bausch Lomb For $8.7 Billion

LAVAL, Quebec and ROCHESTER, N.Y.,

Biosensors International Completes Spectrum Dynamics Assets Acquisition

Tue, 28 May 2013 12:00:00 AM GMT

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SINGAPORE, May 26, 2013 /PRNewswire/ -- Biosensors International Group, Ltd. ("Biosensors" or the "Company...

Leeds' Acquires Two Elekta Versa HD Radiotherapy Systems

Tue, 28 May 2013 12:00:00 AM GMT

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LEEDS, England, May 27, 2013 /PRNewswire/ -- St James's Institute of Oncology, a leading radiotherapy center in the...

Toshiba Medical Systems Corporation, Kohlberg Kravis Roberts & Co. L.P. to Bid for Panasonic Corporation of North America Healthcare Unit

Fri, 24 May 2013 12:00:00 AM GMT

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Toshiba Corp and U.S. private equity firm Kohlberg Kravis Roberts & Co (KKR) are among those expected to bid for Panasonic Corp's healthcare business, financial sources with knowledge of the matter said. Panasonic...

Maquet Cardiovascular LLC Acquires and Its TigerPaw II Heart Implant for Undisclosed Amount

Wed, 22 May 2013 12:00:00 AM GMT

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MAQUET Cardiovascular Acquires LAAx Inc. And Its TigerPaw System II Occlusion Device To Expand Cardiac Surgery Offering

Rainbow BioSciences, LLC Opens Talks to Acquire Tech Innovators in $142 Billion Drug Delivery Market

Tue, 21 May 2013 12:00:00 AM GMT

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NOKOMIS, Fla.--(BUSINESS WIRE)--As part of the companys push to carve out a share of the $142 billion U.S. drug delivery market, Rainbow Coral Corp. (OTCBB: RBCC) opened talks this week to potentially partner...

Quest Diagnostics Inc. Buys Humana, Inc.'s Clinical Lab Business

Fri, 17 May 2013 12:00:00 AM GMT

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Quest Diagnostics Acquires Concentra's Laboratory Business, Enters into Exclusive Services Agreement

MADISON, N...

Stryker Corporation CEO Says Company Has "Appetite" for More Acquisitions

Fri, 17 May 2013 12:00:00 AM GMT

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Stryker Corp. President and CEO Kevin Lobo said the Kalamazoo-based medical device company is looking to purchase more companies. Lobo and key executive leaders gave a presentation for investors at the Bank...

Roche May Sell Glucose Meter Business Unit

Thu, 16 May 2013 12:00:00 AM GMT

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Swiss drugmaker Roche Holding AG is exploring a sale of its blood glucose meters business, three people familiar with the matter told Reuters on Wednesday, as the industry grapples with increased competition...

Biosensors International to Acquire Assets of Spectrum Dynamics

Thu, 16 May 2013 12:00:00 AM GMT

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SINGAPORE, May 16, 2013 /PRNewswire/ -- Biosensors International...

Amada Co., Ltd Completes Acquisition of Miyachi Corporation

Wed, 15 May 2013 12:00:00 AM GMT

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MONROVIA, CA Miyachi Unitek Corporation, a leading manufacturer of welding equipment and laser processing systems, announces that Amada Co., Ltd completed a takeover of Miyachi Corporation on March 21, 2...

Theragenics Corporation Gets Buyout Offer Worth $71.4 Million From Investment Firm

Mon, 13 May 2013 12:00:00 AM GMT

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Medical device maker Theragenics Corp (TGX.N) said it had received a takeover offer of $69.9 million to $71.4 million from Juniper Investment Co, representing a premium of 51-54 percent to its closing stock...

Biosensors International to Acquire Assets of Spectrum Dynamics for $51 Million

Mon, 13 May 2013 12:00:00 AM GMT

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Biosensors to Acquire Assets of Spectrum Dynamics

13 May 2013 Biosensors International has entered into an agreement to acquire the assets of Spectrum Dynamics, a leader in advanced functional...

Goldman, Sachs & Co. Invests $20 Million in

Mon, 13 May 2013 12:00:00 AM GMT

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Goldman Sachs, the global financial powerhouse, has picked up a 49% stake in Bangalore-based BPL Medical Technologies for Rs 110 crore. BPL Ltd, which was once the market leader in consumer electronics segment...

TriStar Wellness Solutions Acquires HemCon Medical Technologies, Inc.

Mon, 13 May 2013 12:00:00 AM GMT

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WESTPORT, Conn.--(BUSINESS WIRE)--TriStar Wellness Solutions, Inc. (OTCBB: TWSI), a health and wellness company that targets opportunities in the self-care and professional marketplace, has acquired HemCon Medical...

Sony Invests $10 Milion in Rainbow Medical

Fri, 10 May 2013 12:00:00 AM GMT

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Sources inform ''Globes'' that Sony Corporation (NYSE: SNE; TSE: 6758) has invested $10 million in Rainbow Medical Ltd. Last year, "Globes" reported that Sony wanted to expand its medical devices operations...

BC Technical Acquires NC Systems

Thu, 09 May 2013 12:00:00 AM GMT

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WEST JORDAN, Utah, May 9, 2013 /PRNewswire/ -- BC Technical, the nation's leading non-OEM medical imaging solutions provider...

ICU Medical, Inc. Explores Possible $1 Billion Sale

Wed, 08 May 2013 12:00:00 AM GMT

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ICU Medical Inc. (ICUI), the San Clemente, California-based producer of intravenous medical equipment, is weighing a sale that may fetch more than $1 billion, said people familiar with the matter. The shares...

Quidel Corporation Buys BioHelix for $10 Million+

Tue, 07 May 2013 12:00:00 AM GMT

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SAN DIEGO, CA--(Marketwired - May 06, 2013) - Quidel Corporation (NASDAQ: QDEL), a provider of rapid...

Preferred Acquires Acelleron Medical Products

Tue, 07 May 2013 12:00:00 AM GMT

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EATONTOWN, N.J., May 6, 2013 /PRNewswire/ -- Preferred Home Health Care & Nursing Services, Inc. (PHHC), a leader...

NuVasive, Inc. Announces Acquisition of Manufacturing Facility for $4.5 Million

Mon, 06 May 2013 12:00:00 AM GMT

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SAN DIEGO, CA--(Marketwired - May 06, 2013) - NuVasive, Inc. (NASDAQ: NUVA)

Marks foray...

Zimmer Acquires s Business

Fri, 03 May 2013 12:00:00 AM GMT
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WARSAW, Ind., May 2, 2013 /PRNewswire/ -- Zimmer Holdings, Inc. (NYSE: ZMH; SIX: ZMH) announced today that it has acquired...

Smith & Nephew Inc. to Acquire Indian Trauma Business

Thu, 02 May 2013 12:00:00 AM GMT
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2 May 2013 -- Smith & Nephew plc (LSE: SN, NYSE: SNN), the global medical technology business, today announces an agreement to acquire Adler Mediequip Private Limited and with it, the brands and assets...

Haemonetics Corporation Completes Hemerus Medical, LLC Acquisition

Wed, 01 May 2013 12:00:00 AM GMT
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BRAINTREE, Mass., May 1, 2013 /PRNewswire/ -- Haemonetics Corporation (NYSE:HAE) today announced that it has completed...

QIAGEN N.V. Buys Ingenuity Systems, Biology Software Player, for $105 Million

Tue, 30 Apr 2013 12:00:00 AM GMT
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HILDEN, Germany and REDWOOD CITY, California, April 29, 2013 /PRNewswire/ --
- Ingenuity Systems is the global market leader in applications to quickly analyze and accurately interpret rapidly...

Fosun Pharma, Chindex International, Inc. and Buy Israeli Aesthetic Device Company

Tue, 30 Apr 2013 12:00:00 AM GMT
by Richard Daverman, PhD
April 29, 2013 -- Shanghai Fosun Pharma, Chindex and a private equity partner will spend up to $240 million to buy 95.6% of an Israeli medical device company, Alma Lasers. Alma, which had revenues of about $100 million last year, makes lasers and other products, primarily for aesthetic procedures. Fosun said the investment represented a growing internationalization...

Bayer AG to Buy Birth-Control Device Maker Conceptus, Inc. for $1.1 Billion

Mon, 29 Apr 2013 12:00:00 AM GMT
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WAYNE, N.J. and MOUNTAIN VIEW, Calif., April 29, 2013 /PRNewswire/ -- Bayer intends to broaden its portfolio in the field of contraception. Thus...

Miami's Sanomedics International Holdings Inc. to Buy for $3 Million

Mon, 29 Apr 2013 12:00:00 AM GMT
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MIAMI, April 29, 2013 /PRNewswire/ -- Sanomedics International Holdings, Inc. (OTCQB: SIMH) ("Sanomedics"), a medical technology holding company that focuses on game...

Why Emergent BioSolutions Paid $26 Million for Anti-Chem Lotion From Bracco Diagnostics Inc.

Fri, 26 Apr 2013 12:00:00 AM GMT
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ROCKVILLE, Md. Emergent BioSolutions Inc. (NYSE: EBS) announced today that it has entered into an asset purchase agreement to acquire the Healthcare Protective Products Division (HPPD) of Bracco Diagnostics...

Telecommunications Acquisition With Ingen Technologies, Inc. and ATMC

Thu, 25 Apr 2013 12:00:00 AM GMT

RIVERSIDE, CA--(Marketwired - April 25, 2013) - Ingen Technologies, Inc. (PINKSHEETS: IGNT) is pleased to announce that the final revisions on the Purchase and Agreement of Acquisition have been accepted and the finalization of the acquisition is anticipated this week with ATMC, Inc. Both companies have...

Opko Health, Inc. Acquires PROLOR Biotech for $480 Million

Wed, 24 Apr 2013 12:00:00 AM GMT
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MIAMI and NES-ZIONA, Israel, April 24, 2013 /PRNewswire/ -- OPKO Health, Inc. (OPK) and PROLOR Biotech, Inc. (NYSE MKT: PBTH) today announced that the companies have signed a definitive merger agreement under...

Ingen Technologies, Inc.'s Telecommunication Acquisition of Expected to Close This Week

Wed, 24 Apr 2013 12:00:00 AM GMT

RIVERSIDE, CA--(Marketwired - April 24, 2013) - Ingen Technologies, Inc. (PINKSHEETS: IGNT) is pleased to announce that the final revisions of the cash and purchase price of the Purchase and Agreement of Acquisition have been accepted by both parties and is anticipated to close this week. Details were not...

Russia Rejects Abbott Laboratories' Plan to Buy

Fri, 19 Apr 2013 12:00:00 AM GMT
Russia's government commission on foreign investment has turned down U.S. group Abbott Laboratories' request to buy Russian vaccine maker Petrovax, the head of Russia's competition regulator said on Friday. "The commission has reviewed the question about the sale to U.S. company Abbott of Petrovax Pharm. As a result of very lengthy discussion the U.S. company was denied to make this deal," Igor Artemyev...

Sanomedics International Holdings Inc. to Acquire

Fri, 19 Apr 2013 12:00:00 AM GMT

MIAMI, April 18, 2013 /PRNewswire/ -- Sanomedics International Holdings, Inc. (OTCQB: SIMH), a medical technology holding Company that focuses on game changing products, services and ideas, announced that it has agreed upon terms of the definitive agreement to acquire Prime Time Medical, Inc. for an aggregate...

Eli Lilly and Company to Acquire Alzheimer's Imaging Agents From Siemens Medical Solutions

Wed, 17 Apr 2013 12:00:00 AM GMT
INDIANAPOLIS, April 17, 2013 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced it has acquired two investigational positron emission tomography (PET) tracers from Siemens Medical Solutions USA, Inc. The tracers are intended to image tau (or neurofibrillary) tangles in the brain, one of two known hallmarks of Alzheimer...

Quest Diagnostics Inc. to Acquire Lab-Related Clinical Outreach Operations of in California and Nevada

Wed, 17 Apr 2013 12:00:00 AM GMT

MADISON, N.J. and SAN FRANCISCO, April 17, 2013 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, announced today that it has entered into a definitive agreement to acquire lab-related clinical outreach service operations...

Panasonic Corporation of North America Hires Merrill Lynch to Sell Healthcare Unit Stake for Up to $1 Billion

Tue, 16 Apr 2013 12:00:00 AM GMT
Japan's Panasonic Corp has hired Bank of America Merrill Lynch to sell a part of its healthcare unit in a deal that could raise as much as $1 billion for the sprawling electronics conglomerate, two financial sources familiar with the deal said. Merrill Lynch will begin providing information on the sale to potential bidders by May, including private equity funds Bain Capital and Carlyle Group, the sources...

Sigma-Aldrich Corporation Said to Have Pursued Life Technologies Bid Until 11th Hour

Tue, 16 Apr 2013 12:00:00 AM GMT
Sigma-Aldrich Corp. (SIAL) went toe-to-toe against larger rival Thermo Fisher Scientific Inc. to acquire Life Technologies Corp. (LIFE), said people with knowledge of the matter, bidding through the weekend before falling short against Thermos $13.6 billion offer. St. Louis-based Sigma-Aldrich, which has a market capitalization of $8.9 billion, bid around $12.5 billion for Life, said the people, who...

Thermo Fisher Scientific to Buy Life Technologies for $13.6 Billion

Mon, 15 Apr 2013 12:00:00 AM GMT
Genetic testing equipment maker Life Technologies Corp has agreed to a $13.6 billion cash buyout by Thermo Fisher Scientific Inc, in one of the year's biggest corporate takeovers. The acquisition values Life Tech at $76 per share and would catapult Thermo Fisher into the hot field of genetic sequencing where researchers, drugmakers and doctors are uncovering the genetic factors underpinning diseases...

Angiotech Pharmaceuticals, Inc. Announces Close of Sale of Interventional Products Business to Argon Medical Devices, Inc.

Mon, 15 Apr 2013 12:00:00 AM GMT

VANCOUVER, April 15, 2013 /PRNewswire/ - Angiotech Pharmaceuticals, Inc. ("Angiotech") announced today that on April 12, 2013 it completed its transaction, as previously announced on March 25, 2013, to sell certain of its subsidiaries...

Life Technologies Acquires Leading Reagents Distributor

Fri, 12 Apr 2013 12:00:00 AM GMT

CARLSBAD, Calif., April 12, 2013 /PRNewswire/ -- Life Technologies Corporation (NASDAQ: LIFE) today announced the acquisition of KDR Biotech Co., Ltd., (KDR Biotech) a leading reagents distributor based in Seoul, Korea. KDR...

Mobidiag, and Announce Merger to Create a Leading Innovator in Molecular Diagnostics

Fri, 12 Apr 2013 12:00:00 AM GMT
Helsinki, Finland and Paris, France, April 12, 2013, / B3C newswwire / - Mobidiag Oy/Ltd, Genewave SAS, and Amplidiag Oy today announced a definitive agreement to combine the three companies to create a technology leader in molecular diagnostics for infectious diseases. The new Mobidiag combines Mobidiags and Amplidiags high-multiplex proprietary diagnostic test portfolios with Genewaves automated...

Frazier Healthcare Acquires Orthotic Holdings Inc.

Wed, 10 Apr 2013 12:00:00 AM GMT

RONKONKOMA, N.Y., April 9, 2013 /PRNewswire-iReach/ -- Frazier Healthcare is pleased to announce the acquisition of Orthotic Holdings Inc. ("OHI") from majority owner, Incline Equity Partners. OHI is a holding company of Langer Biomechanics, Arizona AFO and The Orthotic Group. Through these three brands, OHI...

Quest Diagnostics Inc. Completes Sale of HemoCue Business to

Wed, 10 Apr 2013 12:00:00 AM GMT

MADISON, N.J., April 9, 2013 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, today announced that it has completed the sale of its HemoCue diagnostic products business to Radiometer Medical ApS for a purchase price of approximately

Frazier Healthcare Acquires Orthotic Holdings Inc.

Tue, 09 Apr 2013 12:00:00 AM GMT

RONKONKOMA, N.Y., April 9, 2013 /PRNewswire-iReach/ -- Frazier Healthcare is pleased to announce the acquisition of Orthotic Holdings Inc. ("OHI") from majority owner, Incline Equity Partners. OHI is a holding company of Langer Biomechanics, Arizona AFO and The Orthotic Group. Through these three brands, OHI...

Merz Pharma Group Declines to Raise Bid for Obagi Medical Products, Inc., Yielding to Valeant Pharmaceuticals International

Mon, 08 Apr 2013 12:00:00 AM GMT
FRANKFURT, Germany, April 8, 2013 /PRNewswire/ -- Merz Pharma Group ("Merz" or "the Company") today announced that it has withdrawn its non-binding proposal to acquire all of the outstanding common stock of Obagi Medical Products, Inc. (NASDAQ-GS: OMPI) ("Obagi") for $22 per share in cash. The decision to withdraw the proposal follows...

OriGene Technologies to Acquire SDIX's Life Science Business Assets

Mon, 08 Apr 2013 12:00:00 AM GMT

ROCKVILLE, Md., April 8, 2013 /PRNewswire/ -- OriGene Technologies, Inc., a leading genome wide product company for research and diagnostic applications with operations in the United States and China, announced that it has signed a definitive agreement...

Pfizer Inc., Novartis AG, Abbott Laboratories Weigh Bids for Brazil's Which Can be More Than $5 Billion

Thu, 04 Apr 2013 12:00:00 AM GMT
At least three of the world's top drugmakers are bidding for Brazil's Ache Laboratorios Farmaceuticos in an auction that may value the group at more than $5 billion, people familiar with the matter said. Pfizer Inc, Novartis AG and Abbott Laboratories are all weighing second-round bids to acquire the company, which boasts a strong position in Brazil's fast-growing pharmaceuticals market, the people...

Thermo Fisher Scientific Emerges as Frontrunner for Life Technologies for as Much as $12 Billion

Wed, 03 Apr 2013 12:00:00 AM GMT
Thermo Fisher Scientific Inc is emerging as the lead contender in Life Technologies Corp's auction, working on a bid that could value the genetic testing maker at as much as $12 billion, three people familiar with the matter said. Thermo Fisher, the world's largest maker of laboratory equipment, is considering a bid of between $65 and $70 per share for Life Tech and is interested in buying the entire...

Biomet Inc. Opts Out of Dental Business Sale

Tue, 02 Apr 2013 12:00:00 AM GMT
Biomet decides to hold onto its Biomet 3i dental business after exploring a possible sale. Biomet said it plans to hold onto its dental business after all, having mulled divesting the unit over the past 10 months. Last June the privately held orthopedics giant said it was testing the waters of a possible sale or spinout for Biomet 3i. The board of the holding company that owns Biomet decided March...

Smith & Nephew Inc. to Acquire Brazilian Distribution

Tue, 02 Apr 2013 12:00:00 AM GMT
2 April 2013 -- Smith & Nephew plc (LSE: SN, NYSE: SNN), the global medical technology business, today announces an agreement to acquire assets related to the distribution business for its sports medicine, orthopaedic reconstruction and trauma products in Brazil, currently conducted through Pr Cirurgia Especializada (PCE).
The acquisition is in line with Smith & Nephews strategic priority...

Mazor Robotics Signs Agreement With Major U.S. Hospital Corporation to Acquire Four Renaissance Systems

Tue, 02 Apr 2013 12:00:00 AM GMT
CAESAREA, Israel April 2, 2013 Mazor Robotics Ltd. (TASE: MZOR), the developer of Renaissance, an innovative surgical guidance system and its complementary products, today announced that on March 28, 2013, it entered into an agreement for the acquisition of four Renaissance systems by a major U.S. hospital corporation. The systems were installed in acute-care facilities owned by the corporation...

Vitrolife Has Acquired All the Shares in

Tue, 02 Apr 2013 12:00:00 AM GMT
GTEBORG, Sweden--(BUSINESS WIRE)-- Regulatory News: In 2010 Vitrolife entered into a collaboration agreement with the then newly formed Danish company HertArt to develop a new range of disposable plastic products for IVF called Labware. Since then HertArt has developed and registered a portfolio of products for IVF such as cultivation dishes, test tubes and pipettes. Vitrolife plans to launch the...

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