Division of Wright Medical Group NV
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With the surprise announcement that Zimmer, the number three player, will acquire Biomet, the number five player, in a transaction valued at $13 billion, a transformation in the orthopedic industry is underway. Most of the major orthopedic manufacturers are primed with a war chest of cash to make acquisitions for future growth, and as health care reform unfolds, companies are positioning themselves to compete in a changing world where “bigger is better.”
Start-up companies raised $1.18 billion during the first quarter of 2014, up $2.8 million from last quarter’s total. Cancer was the leading therapy area involved in alliances.
Derived from Strategic Transactions, Informa’s premium source for tracking life sciences deal activity, the Dealmaking column is a survey of recent health care transactions listed by relevant industry segment – In Vitro Diagnostics, Medical Devices, and Pharmaceuticals – and then categorized by type – Acquisition, Alliance, or Financing. This month’s column covers deals announced January through February 2014.
Given Imaging, soon to be part of Covidien, gained clearance for PillCam Colon capsule endoscopy device. FDA approves its first continuous glucose monitoring system for kids. Congress makes progress in the sustainable growth rate formula bill. More news.
- Implantable Devices
- Surgical Equipment & Devices
- Therapeutic Areas
- Dental & Oral Products
- Musculoskeletal & Connective Tissue Disorders
- Western Europe
- Parent & Subsidiaries
- Wright Medical Group NV
- Senior Management
- Bruno Thevenet, Pres.
- Contact Info
Phone: 04 90 44 60 60
305, allées de Craponne
Salon de Provence, F 13300
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