Latest Deals
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Integra acquires Acclarent from J&J to bolster ENT portfolio
Integra LifeSciences has entered a definitive agreement to acquire Acclarent from J&J’s MedTech company, Ethicon. Integra will pay $275m in cash at closing, subject to customary purchase price adjustments. J&J will also be entitled to receive an additional $5m in regulatory milestone-based payments. The deal is expected to close by Q2 FY 2024. This acquisition presents Integra with a rare opportunity to become a key player in the ENT segment.
Zeiss acquires Dutch Ophthalmic Research Center in $1bn deal
Carl Zeiss Meditec has entered an agreement to acquire Dutch Ophthalmic Research Center to expand its ophthalmic device portfolio. As per the agreement, Zeiss will acquire 100% of the shares in DORC from the French investment firm, Eurazeo. Zeiss plans to expand its portfolio of vitreoretinal surgical devices through the acquisition.
Lunit to acquire Volpara Health Technologies for $193m
Medical artificial intelligence (AI) company Lunit has signed an agreement to acquire Volpara Health Technologies in a deal valued at around A$292m ($193m). As part of the scheme implementation agreement, Lunit will acquire all shares of Volpara at a rate of A$1.15 ($0.75) per share through a New Zealand scheme of arrangement.
GRIP and MTL partner for electronic biosensor technology study
GRIP Molecular Technologies and Molecular Testing Labs (MTL) have announced a collaboration, which involved a successful clinical feasibility study of an advanced electronic biosensor technology. The aim is to deliver lab-quality, multi-disease diagnostic test results directly to consumers within minutes. The disposable diagnostic cartridge of GRIP utilises samples collected by the user and deploys a standard smartphone to show test results.