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Stryker acquires Canada’s CHG Hospital Beds | The week in medtech M&A
Stryker buys Canadian hospital bed maker CHG January 5, 2015 by Brad Perriello Stryker, as expected, opened 2015 with an acquisition, just not the 1 most anticipated by observers. The Kalamazoo,...
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BD, CFN settle merger lawsuits | Medtech legal news for the week of January...
Becton Dickinson, CareFusion settle lawsuits filed over merger January 6, 2015 by Brad Perriello Becton Dickinson and CareFusion said yesterday that they agreed to settle a raft of lawsuits filed by...
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CareFusion shareholders OK $12B BD buyout
CareFusion (NYSE:CFN) shareholders yesterday approved the proposed $12.2 billion merger with Becton Dickinson (NYSE:BDX), the companies said, clearing the way for the deal to close once European...
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CareFusion crushes it in final quarter
CareFusion (NYSE:CFN) today crushed Wall Street’s expectations with what’s likely its final quarterly report before its merger with Becton Dickinson & Co. (NYSE:BDX). The San Diego-based medical...
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MDT’s Ev3 pays $1.3m in whistleblower suit | The week in medtech M&A
Medtronic's new Ev3 unit pays $1.3m in whistleblower suit February 6, 2015 by Brad Perriello The Ev3 subsidiary Medtronic acquired along with Covidien yesterday delivered good news and bad: FDA...
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SEMDA taps AdvaMed’s Jason Rupp for executive director role |Personnel Moves
The Southeastern Medical Device Association (SEMDA) has named former AdvaMed executive Jason Rupp as its first full time executive director. Rupp most recently served as AdvaMed’s vice president of...
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Becton Dickinson’s $12B CareFusion buyout set to close tomorrow
The $12.2 billion merger of Becton Dickinson (NYSE:BDX) and CareFusion (NYSE:CFN) is slated to close tomorrow, the companies said, after European anti-trust regulators last week approved the deal....
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Becton Dickinson closes $12B CareFusion buyout
Becton Dickinson (NYSE:BDX) today closed its $12.2 billion merger with CareFusion, as expected after European anti-trust regulators last week approved the deal. Franklin Lakes, N.J.-based Becton...
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ZMH to float $7.7B debt to acquire Biomet | The week in medtech M&A
Zimmer to float $7.7B debt to acquire Biomet March 11, 2015 by Brad Perriello Zimmer said it agreed to float some $7.65 billion in senior notes to help finance its $13.35 billion buyout of cross-town...
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Report: Becton Dickinson to shed assets after CareFusion buy
Becton Dickinson & Co. (NYSE:BDX) is reportedly preparing to shed its respiratory devices business now that has the $12.4 billion acquisition of CareFusion under its belt. Franklin Lakes,...
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CRM: BSX’s gain is STJ’s loss | Medtech Wall Street news for the week of...
CRM: Boston Scientific's gain is St. Jude Medical's loss March 20, 2015 by Brad Perriello FDA approval this week of the Emblem S-ICD made by Boston Scientific puts the company in place to take market...
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Feds: We got $119m in fraud penalties from medtech companies last year
Federal authorities say they penalized medical device companies to the tune of nearly $119 million for healthcare fraud during fiscal 2014, including the $30 million Boston Scientific (NYSE:BSX) paid...
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BAX drops FloSeal case against J&J | Medtech legal news for the week of April...
Baxter drops FloSeal case against J&J April 6, 2015 by Brad Perriello Baxter last week dropped a lawsuit it filed last year accusing Johnson & Johnson of infringing patents covering its...
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Feds charge ex-JP Morgan exec, father in medtech insider trading scheme
Federal prosecutors in New York this week charged a father-and-son team with insider trading connected with a spate of mergers in the medical device arena. Sean Stewart, a former executive with JP...
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ConMed ripe for M&A | The week in medtech M&A
Analyst: ConMed ripe for M&A spree May 19, 2015 by Fink Densford ConMed, in the middle of an under-appreciated turnaround, could be poised to augment its growth via selective acquisitions,...
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FDA: CareFusion’s Avea ventilator recall is Class I
CareFusion said it’s recalling all of its Avea ventilators over a possible pressure transducer failure that may cause the units to stop functioning. A failure in the pressure transducer can lead to a...
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New JenaValve CEO is Boston Scientific vet Carr-Brendel | Personnel Moves
JenaValve said this week that it tapped Victoria Carr-Brendel, former general manager of Boston Scientific‘s (NYSE:BSX) Bayer Interventional business, as its new chief executive officer. Carr-Brendel...
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CareFusion buy boosts BD’s Q3 sales
Becton Dickinson & Co. (NYSE:BDX) today reported its 1st quarterly results since its $12 billion acquisition of CareFusion closed in March, saying the deal pushed its top line up nearly 45%...
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Carefusion, Elite Biomed issue Class I Alaris pump recalls
The FDA today issued 2 recall notices related to CareFusion‘s Alaris pumps, including 1 to CareFusion over alarm issues and another to Elite Biomedical Solutions over a flaw in a replacement frame...
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Layoffs: Medical device makers cut nearly 1200 jobs in California
Medical device companies have enacted layoffs for nearly 1,200 workers in California since the beginning of July, according to the Golden State’s Employment Development Dept., including some of the...
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