TriSalus Life Sciences to Become Publicly Traded Through Merger With MedTech Acquisition Corporation

TriSalus Life Sciences to Become Publicly Traded Through Merger With MedTech Acquisition Corporation

TriSalus Life Sciences, a privately held oncology therapeutics company focused on the treatment of liver and pancreatic tumors, announced on November 14 it had entered into a definitive merger agreement with MedTech Acquisition Corporation, a publicly traded special purpose acquisition company focused on medical technology. Upon the closing of the transaction, the combined company will be a publicly traded company and its common stock is expected to be listed on the NASDAQ Stock Exchange under the ticker “TLSI”. The transaction represents a post-transaction market capitalization of approximately $244.4 million for TriSalus. At the completion of the transaction, TriSalus expects to have at... Read More »
Anumana Acquires Medical Technology Company NeuTrace

Anumana Acquires Medical Technology Company NeuTrace

Cambridge, Massachusetts-based Anumana, an AI-driven health technology company, has acquired medical technology company NeuTrace. Terms of the deal were not disclosed. Headquartered in Longwood, Florida, NeuTrace is a company advancing novel in-procedure AI applications for electrophysiology. The acquisition includes the NeuTrace EP Data Biome platform and a portfolio of AI-enabled EP software applications in development. As part of the transaction, nference acquired rights to the Data Biome platform for uses outside of the cardiovascular field. According to the LevinPro HC database, this was the 103rd Medical Devices transaction of 2022. This compares with 106 Medical Devices deals... Read More »
Anumana Acquires Medical Technology Company NeuTrace

Medical Manufacturing Technologies Acquires Confluent Medical Technologies’ Equipment Manufacturing Group

Charlotte, North Carolina-based Medical Manufacturing Technologies (MMT) has acquired Confluent Medical Technologies’ equipment manufacturing group. Terms of the deal were not disclosed. Medical Manufacturing Technologies, a portfolio company of Arcline Investment Management, is a global provider of medical device manufacturing solutions. Confluent Medical Technologies’ equipment manufacturing group includes its balloon-forming equipment manufacturing as well as its testing and catheter manufacturing equipment capabilities. Confluent’s equipment manufacturing group will be rebranded as Interface Catheter Solutions. As part of the acquisition, MMT will continue... Read More »
Johnson & Johnson Acquires Abiomed for $16.6 Billion

Johnson & Johnson Acquires Abiomed for $16.6 Billion

Johnson & Johnson acquired cardiovascular medical technology provider Abiomed, Inc. for $16.6 billion. Danvers, Massachusetts-based Abiomed has a portfolio that focuses on the treatment of coronary artery disease and heart failure and features an extensive innovation pipeline of life-saving technologies as well as an 18-year record of profitable growth. New Brunswick, New Jersey-based Johnson & Johnson is one of the largest global healthcare and pharmaceutical companies with more than 130,000 employees worldwide. Its business lines include pharmaceuticals, medical devices and consumer healthcare products. Johnson & Johnson will acquire through a tender offer all outstanding... Read More »
Anumana Acquires Medical Technology Company NeuTrace

RoundTable Healthcare Partners Sells Symmetry Surgical to Aspen Surgical

Aspen Surgical, a portfolio company of Audax Private Equity, announced that it purchased Symmetry Surgical Inc. The company was sold by RoundTable Healthcare Partners, LLC. Terms were not disclosed.  William Blair and Baird acted as financial advisors to Symmetry. Gibson, Dunn & Crutcher LLP acted as exclusive legal advisor to RoundTable. The sale was completed on October 27, 2022.  Founded in 1999, Aspen Surgical is a medical equipment manufacturer based out of Caledonia, Michigan. It manufactures products such as blades/scalpels, needles, wound closures and surgical clamps.  Symmetry Surgical develops and delivers innovative surgical instruments for clinicians. It... Read More »
Johnson & Johnson Acquires Abiomed for $16.6 Billion

​​Burke Porter Group Acquires D&K Engineering

Burke Porter Group (BPG) announced on October 14 that it acquired San Diego, California-based D&K Engineering (D&K). According to the LevinPro HC database, this marks the 26th contract development manufacturing organization (CDMO) acquisition of the year. Founded in 1953, BPG is a global supplier of automated diagnostic, testing and production solutions serving life science and specialty industrial end markets. BPG focuses on automating high-precision processes, leveraging its capabilities in microfluidics, optical design, additive manufacturing, motion control and software. D&K Engineering is an end-to-end product design and contract manufacturing services provider supporting... Read More »