MassDevice.com +5 | The top 5 medtech stories for May 12, 2016

Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry. Get this in your inbox everyday by subscribing to our newsletters.   5. Teleflex prices $400m debt offering Teleflex yesterday priced $400 million worth of debt that the maker of surgical tools and equipment plans to use for debt refinancing. The offering, of 4.875% senior notes due in 2026, is expected to close May 16. Teleflex said it plans call to use the money to refinance $393 million in debt under its revolving credit facility. J.P. Morgan and BofA Merrill Lynch are the joint book-runners for the flotation, Teleflex said. Read more 4. Median Technologies expands U.S. footprint France’s Median Technologies is consolidating and expanding in Massachusetts, with a new Woburn facility set to open next week. The medical imaging software maker and developer said the site will consolidate its existing operations in the Boston area, but also be big enough to handle an “ambitious U.S. recruitment plan.” Read more 3. EndoStim raises $25m Series D for neurostim GERD device Five months after spiking its plans for an initial public offering, EndoStim said today that it raised a $25 million Series D round for the neurostimulation device i...
Source: Mass Device - Category: Medical Equipment Authors: Tags: News Well Plus 5 Source Type: news