Medical device acquisition
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Resonetics to Acquire Resolution Medical, Expanding Capabilities in Neuromodulation and Structural Heart Markets
Prnewswire· 2026-01-27 19:00
The transaction adds complementary capabilities in high-growth therapeutic markets, including neuromodulation, structural heart, and interventional cardiology to current Resonetics offerings. The acquisition is expected to close in 2026, pending regulatory approvals and customary closing conditions. "Resolution Medical is an exceptional organization with deep technical expertise, a strong innovation culture, and a proven track record in designing and developing complex medical devices for the most innovativ ...
JPM26: Boston Scientific acquires Penumbra in $14.5bn deal
Yahoo Finance· 2026-01-15 18:23
Boston Scientific has agreed to acquire Penumbra in a deal worth around $14.5bn, a move that will expand the medtech giant’s offerings in ‘fast-growing segments’ within the vascular care space. Under the deal, Boston will inherit Penumbra products, including the US company’s Lightning Bolt and Lightning Flash computer-assisted vacuum thrombectomy (CAVT) systems for removing blood clots in the arterial, venous and pulmonary vessels. The systems received US Food and Drug Administration (FDA) clearance in 20 ...
Merit Medical Signs Asset Purchase Agreement with PENTAX Medical to Acquire C2 CryoBalloon Technology
Globenewswire· 2025-10-15 20:05
Core Viewpoint - Merit Medical Systems, Inc. has signed a definitive asset purchase agreement to acquire the C2 CryoBalloon™ device and related technology from Pentax of America, Inc. for a total consideration of $22 million, aiming to enhance its offerings in the gastroenterology market and improve patient outcomes [1][8]. Company Overview - Merit Medical is a global leader in healthcare technology, focusing on the development, manufacture, and distribution of proprietary medical devices used in various medical procedures [14]. - Pentax Medical, a subsidiary of the HOYA Group, specializes in flexible, reusable endoscopy solutions and is committed to delivering high-quality endoscopic equipment [15]. Acquisition Details - The acquisition includes a $19 million cash payment at closing and potential contingent payments of up to $3 million based on certain milestones [8]. - The C2 CryoBalloon device is designed to treat chronic gastroesophageal reflux disease (GERD) and other gastrointestinal tissue disorders through controlled freezing treatments [3][4]. Market Impact - The acquisition is expected to strengthen Merit's position in the multibillion-dollar gastroenterology market, providing more treatment options for patients suffering from conditions like Barrett's esophagus [5][9]. - The C2 CryoBalloon is projected to contribute approximately $1 million in revenue from November 1, 2025, to December 31, 2025, and is expected to generate between $6 million to $8 million in revenue for the twelve months ending December 31, 2026 [8][9]. Financial Projections - The acquisition is anticipated to dilute Merit's non-GAAP net income and earnings per share by approximately $0.4 million and $0.01, respectively, for the initial period [8]. - For the full year 2025, the acquisition is projected to dilute GAAP net income and earnings per share by approximately $0.5 million and $0.01, respectively [8][10]. Integration Plans - Merit plans to transfer product manufacturing to its facility in South Jordan, Utah, and expects to retain some PENTAX employees involved in the C2 CryoBalloon business to leverage their expertise [7].
Hologic Bets on Endomagnetics to Fuel Interventional Breast Momentum
ZACKS· 2025-10-01 14:11
Core Insights - Hologic's Breast Health business has transitioned from a capital-intensive model to one focused on recurring revenues, with service revenues now surpassing capital sales [1] - The acquisition of Endomagnetics enhances Hologic's breast surgery offerings, particularly in wireless localization and lymphatic tracing solutions, aligning with market trends [2] Company Developments - The acquisition of Endomag is expected to be slightly dilutive to Hologic's non-GAAP earnings per share in fiscal 2024, break even in 2025, and become accretive thereafter [3] - Hologic began selling Endomag products directly in North America, achieving nearly $20 million in revenues with healthy gross margins in Q3 of fiscal 2025 [3][8] - Hologic's Interventional Breast segment achieved over $100 million in sales for the first time in Q3, indicating significant growth momentum [4][8] Competitive Landscape - Boston Scientific has been active in M&A, contributing to a 17.4% organic revenue growth in Q2 2025 through strategic acquisitions [5] - Stryker Corp. continues to invest in new technologies through acquisitions, enhancing its position in the fast-growing venous thromboembolism segment [7]
Avanos Medical Buys Nexus Medical to Bolster Critical Care Portfolio
ZACKS· 2025-09-18 13:45
Core Insights - Avanos Medical, Inc. (AVNS) has acquired Nexus Medical, LLC to enhance its critical care offerings in nutrition and medication delivery, reinforcing its Specialty Nutrition Systems business [1][5] - The acquisition introduces Nexus Medical's TKO anti-reflux needleless connector technology, which aims to reduce blood reflux and associated risks during intravenous therapy, particularly in neonatal and pediatric care [2][8] - The deal is financed through existing cash reserves and is expected to be immediately accretive to revenue growth and earnings per share, positively impacting Avanos' financial profile [3][7] Financial Impact - The acquisition is anticipated to provide a near-term boost to Avanos' revenues and earnings, potentially improving investor confidence in the company's growth trajectory [5] - Avanos' shares have experienced a decline of 25.5% year-to-date, contrasting with an 11% decline in the industry and a 13.4% increase in the S&P 500 [4] Market Positioning - The addition of Nexus Medical's technology strengthens Avanos' competitive position in the critical care market, which is characterized by stable demand and high clinical importance [5][9] - The TKO connector aligns with the growing market demand for solutions that enhance patient safety and streamline clinical workflows, particularly in neonatal and pediatric care [8][9] - By integrating Nexus Medical's technology, Avanos aims to capture additional market share and broaden its critical care solutions portfolio, enhancing its overall competitiveness against larger medtech peers [9]
JenaValve Responds to FTC's Action Against Proposed Edwards Lifesciences Acquisition
GlobeNewswire News Room· 2025-08-06 18:17
Core Viewpoint - The U.S. Federal Trade Commission (FTC) has moved to block JenaValve Technology's proposed acquisition by Edwards Lifesciences, which JenaValve intends to contest in court [1][2]. Company Overview - JenaValve Technology, Inc. is a medical device company focused on innovative transcatheter heart valve (THV) solutions for heart valve disease [3]. - The Trilogy THV System is designed for treating patients with symptomatic, severe aortic regurgitation (AR) and aortic stenosis, and has received CE Mark approval for dual-disease treatment capabilities in Europe [3]. - In the U.S., the Trilogy THV System is currently limited to investigational use only [3]. Company Locations and Backing - JenaValve is headquartered in Irvine, California, with additional locations in Leeds, United Kingdom, and Munich, Germany [4]. - The company is backed by several investment firms, including Bain Capital Life Sciences, Andera Partners, and Qatar Investment Authority (QIA) among others [4].