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Deals In Depth: August 2013

Executive Summary

Medtronic sold its Pioneer Plus diagnostic ultrasound transducer and percutaneous catheter to Volcano for $15 million; boosting its position in generic ophthalmics, Akorn acquired Hi-Tech Pharmacal for $591 million. Biopharma and device financing each decreased in August compared with the previous month, with both segments at six-month lows.

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