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Laborie Medical Technologies Acquires Urotronic 

Laborie Medical Technologies Acquires Urotronic 

by | Sep 6, 2023 11:07 am | Medical Devices

Portsmouth, New Hampshire-based Laborie Medical Technologies, Inc. (LMT) signed a definitive agreement on September 6 to acquire Urotronic, Inc. According to data captured in the LevinPro HC database, this transaction marks the 76th Medical Devices acquisition of 2023.  Under the terms of the agreement, the transaction consists of an upfront cash payment of $255 million, and up to an additional $345 million in potential commercial and reimbursement milestone payments.  Urotronic is a Plymouth, Minnesota-based medical device company pioneering the application of its Optilume® drug-coated balloon technology for use in interventional urology including treating urethral strictures... Read More »
SANUWAVE Health Merges with SPAC SEP Acquisition Corp.

SANUWAVE Health Merges with SPAC SEP Acquisition Corp.

by | Aug 25, 2023 12:57 pm | Medical Devices, SPAC

SANUWAVE Health Inc. has entered into a definitive merger agreement with SEP Acquisition Corp. Upon completion of the proposed transaction, the combined company is expected to operate under the SANUWAVE name and trade on the NASDAQ Capital Market under the symbol “SNWV”.  SANUWAVE Health is commercial stage medical device company. It has two FDA approved products and its lead product, UltraMIST®, has nationwide schedule 1 reimbursement from CMS. According to its FY 2022 financial report, SANUWAVE had FY 2022 revenues of $16.7 million.  SEP Acquisition Corp. is a Houston-based special purpose acquisition company (SPAC) affiliated with Sweat Equity Partners and Mercury Life... Read More »
Laborie Medical Technologies Acquires Urotronic 

Teleflex Incorporated Acquires Palette Life Sciences for $600 Million

by | Jul 26, 2023 10:49 am | Medical Devices

Teleflex Incorporated announced on July 26 that it acquired Palette Life Sciences AB for $600 million and up to an additional $50 million upon the achievement of certain commercial milestones. Palette Life Sciences is a fully integrated medical device company providing a wide range of products and services. Its portfolio of products focuses on treating conditions in urology/urogynecology disorders, colorectal conditions, radiotherapy and interventional oncology procedures. Headquartered in Stockholm, Sweden, the company operates offices in California, Texas, Australia and Japan. Palette Life Sciences is estimated to generate net sales of approximately $56 million, on a standalone basis, in... Read More »
Laborie Medical Technologies Acquires Urotronic 

PE-Backed Vantage Surgical Solutions Acquires Ophthalmic Surgical Solutions

by | Jul 13, 2023 2:48 pm | Medical Devices, Private Equity

Vantage Surgical Solutions, a portfolio company of private equity firm Pharos Capital Group, announced its acquisition of Ophthalmic Surgical Solutions (OSS). According to data captured in the LevinPro HC database, this transaction represents the 68th Medical Devices transaction of 2023. Founded in 2015, OSS is a Lecompton, Kansas-based company specializing in ophthalmic surgical equipment and services. Vantage Surgical Solutions is a leading provider of mobilized surgical solutions. Vantage has been equipping facilities for specialty surgical services since 1991, with customers in 23 states. The company currently delivers cataract surgery equipment, IOLs, instrumentation, disposables,... Read More »
ResMed Acquires Somnoware to Expand Sleep Management Offerings

ResMed Acquires Somnoware to Expand Sleep Management Offerings

by | Jul 6, 2023 2:08 pm | Laboratories, MRI & Dialysis, Medical Devices

ResMed announced its acquisition of Somnoware, a Sunnyvale, California-based provider of sleep and respiratory care diagnostics software. Somnoware is a cloud-based platform for enhanced respiratory care management. Somnoware designed its software to streamline the processes of physicians and sleep and pulmonary function testing labs as they diagnose and evaluate sleep and respiratory care test results. Through the platform, positive airway pressure (PAP) therapy can run more efficiently. The software can electronically provide PAP information directly into a patient’s electronic health record. ResMed develops, manufactures and markets medical equipment for the diagnosis, treatment and... Read More »
Luciole Medical Acquires Spiegelberg

Luciole Medical Acquires Spiegelberg

by | Jun 28, 2023 12:52 pm | Medical Devices

Luciole Medical AG, a Swiss medical technology company, announced on June 27 that it acquired Spiegelberg GmbH & Co. KG from SHS Capital. According to data captured in the LevinPro HC database, this transaction represents the 64th Medical Devices transaction of 2023.  Spiegelberg develops, produces and distributes products for intracranial pressure measurement, cerebrospinal fluid drainage and IAP measurement in more than sixty countries. The company is based in Hamburg, Germany. SHS Capital is a private equity firm in Tübingen, Germany. It has approximately $272 million in assets under management.  Luciole Medical AG is developing a unique next-generation platform of brain... Read More »