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Medical device financing--primarily made up of late venture rounds--totaled just over $1 billion in Q3 2009, a 19% increase over the previous quarter. Acquisition dollars in the industry also surpassed $1 billion and included two $400 million-deals by Abbott. Most of the third quarter financing into in vitro diagnostics and research/analytical came from Qiagen's $628 million FOPO. And Agilent's $1.5 billion purchase of bioanalytical instrument maker Varian was the highest-value takeover.
- Hospitals, Nursing Homes, Institutions
- Other Names / Subsidiaries
- Pacific Sleep Medicine Services, Inc. and Sleepwell Partners, LLC, Dormir LLC
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