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Archimed Strengthens Presence in Occupational Health Medical Device Market With Acquisition
Global private equity healthcare specialist Archimed announced on October 16 that it has acquired FIM Medical. The company is being acquired by ArchiMed’s latest fund, MED Rise, which closed on €400 million (approximately USD $436 million) in April 2024. FIM Medical is a prominent company in the French occupational health medical device market. The company is a designer, manufacturer and supplier of medical screening devices. It provides vision, hearing and respiratory care products, using proprietary technology in both its medical devices and software. ArchiMed is an independent investment firm focused exclusively on healthcare industries. It has directly managed and invested in... Read More »
Hologic Acquires Gynesonics for $350 Million
On October 14, Marlborough, Massachusetts-based Hologic, Inc. announced that it entered into an agreement to acquire Gynesonics, Inc. for $350 million. Founded in 2005 and based in Redwood City, California, Gynesonics develops and sells the Sonata System. The Sonata System is a technology intended for diagnostic intrauterine imaging and transcervical treatment of certain symptomatic uterine fibroids, including those associated with heavy menstrual bleeding. Hologic, Inc. develops, manufactures and sells premium diagnostic products, medical imaging systems and surgical products, primarily for women’s health. According to its most recent annual report,... Read More »
Caldera Medical Expands Minimally Invasive Hysteroscopy Portfolio With UVision360 Acquisition
On October 8, Caldera Medical announced the acquisition of UVision 360, Inc., the developer of the LUMINELLE® hysteroscopy and cystoscopy systems. Financial terms of the deal were not disclosed. UVision 360 designs and develops innovative, minimally invasive hysteroscopy and cystoscopy systems that enhance precision and patient outcomes in gynecologic procedures. The company’s LUMINELLE® system offers visualization and a simplified workflow, helping physicians in clinical and surgical settings. Headquartered in Westlake, California, Caldera Medical is a privately held women’s health medical device company focused on minimally invasive applications. The acquisition of UVision... Read More »
Stryker Completes Sixth Deal of 2024
Stryker has made its sixth deal announcement of the year with the completion of its acquisition of NICO Corporation in Indianapolis, Indiana. This acquisition further strengthens Stryker’s commitment to neurotechnology through tumor and stroke care. Financial terms of the deal were not disclosed. NICO Corporation is a privately held company that provides a systematic approach to minimally invasive surgery for tumors and intracerebral hemorrhage procedures. Stryker develops, manufactures and markets specialty surgical and medical products. These include orthopedic implants, powered surgical instruments, endoscopic systems and patient care and handling equipment. Stryker impacts more... Read More »