RTI Surgical Announces Agreement to Acquire Cook Biotech from Cook Group

RTI Surgical Announces Agreement to Acquire Cook Biotech from Cook Group

by | Jan 10, 2024 2:13 pm | Medical Devices, Private Equity

RTI Surgical announced that it has signed a definitive agreement to acquire Cook Biotech from Bloomington, Indiana-based Cook Group.  Founded in 1995, Cook Biotech develops and manufactures porcine small intestinal submucosa (SIS) products for a variety of clinical applications; these products have over 50 cleared regulatory indications. Cook Biotech’s products are derived from SIS’s naturally occurring, intact extracellular matrix using proprietary manufacturing processes. This material acts as a scaffold that allows host cells to infiltrate and remodel into vascularized tissue. The company is headquartered in West Lafayette, Indiana.  RTI Surgical is a medical... Read More »
RTI Surgical Announces Agreement to Acquire Cook Biotech from Cook Group

Laborie Medical Technologies Invests in Start-Up Bright Uro

by | Dec 4, 2023 10:37 am | Medical Devices, Private Equity

Laborie Medical Technologies Corp. (LMT) has announced a strategic equity investment in Bright Uro, an early-stage medical technology company headquartered in Irvine, California. Founded in 2021, Bright Uro is developing the Glean Urodynamic System™, a wireless, catheter-free, urodynamic monitoring system intended to quantify the pressure characteristics of the lower urinary tract.  LMT, a subsidiary of Stockholm-based private equity firm Patricia Industries, is a global medical technology company focused on urology, urogynecology, gastroenterology, obstetrics, gynecology and neonatal health. LMT develops, manufactures and markets medical technology and consumables to diagnose and... Read More »
RTI Surgical Announces Agreement to Acquire Cook Biotech from Cook Group

Gilde Healthcare Acquires Koscher & Würtz 

by | Nov 27, 2023 1:32 pm | Medical Devices

Goodwin Procter announced that it acted as a financial advisor to Gilde Healthcare in its acquisition of Koscher & Würtz. The financial terms were not disclosed.  Koscher & Würtz is a German medical device company that specializes in the manufacturing of precision surgical hand instruments. The company was founded in 1983.  Gilde Healthcare is a specialized healthcare investor with two fund strategies: venture and growth and private equity fund. Gilde Healthcare Private Equity participates in profitable lower mid-market healthcare companies based in North-Western Europe. The Private Equity fund targets healthcare providers, suppliers of medical products and service... Read More »
RTI Surgical Announces Agreement to Acquire Cook Biotech from Cook Group

Smith+Nephew Acquires CartiHeal for $180 Million

by | Nov 27, 2023 10:13 am | Medical Devices

After being acquired by Bioventus in April 2022 for $315 million upfront, CartiHeal is now changing hands. Smith+Nephew announced that it has entered into a definitive agreement to acquire CartiHeal, a privately held medical device company with headquarters in Israel.  Under the terms of the agreement, Smith+Nephew will pay an initial cash consideration of $180 million at closing, and up to a further $150 million contingent on financial performance.  CartiHeal develops proprietary implants for the treatment of cartilage and osteochondral defects in traumatic and osteoarthritic joints. The company has developed Agili-C, a novel sports medicine technology for cartilage regeneration... Read More »
RTI Surgical Announces Agreement to Acquire Cook Biotech from Cook Group

Halma Strengthens Healthcare Sector with Acquisition of TeDan Companies

by | Nov 20, 2023 12:34 pm | Medical Devices

Halma, a global group of life-saving technology companies, is bolstering its Healthcare sector with a large acquisition.  Halma announced on November 20 that it is acquiring the TeDan group of companies, comprising the separate companies of TeDan Surgical Innovations, Inc., West Coast Surgical, LLC, Axcess Surgical Innovations, LLC and TeDan Surgical Innovations GmbH.  Headquartered in Sugar Land, Texas, just southwest of Houston, TeDan is a global leader in innovative surgical access systems. It develops, manufactures and supplies to surgeons for use in a range of acute therapeutic procedures. Its primary market is access systems for spinal surgery, and the United States... Read More »
Irish Company Arrotek Medical to Merge with U.S.-Based NeedleTech

Irish Company Arrotek Medical to Merge with U.S.-Based NeedleTech

by | Nov 10, 2023 10:47 am | Medical Devices

Arrotek Medical, based in Sligo, Ireland, and North Attleboro, Massachusetts-based NeedleTech Products are merging under the Arrotek brand. Both Arrotek and NeedleTech have strong records in the medical device industry, serving a broad range of customers that include original equipment manufacturers, medical device startups and corporations.  NeedleTech Products is a leading contract development and manufacturing organization (CDMO) serving several markets, including interventional radiology, interventional oncology, sports medicine, pain management, pharmaceutical and spine. NeedleTech provides components and finished devices to many of the top medical device companies... Read More »