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Ascension-Providence merger would create a hospital behemoth. But then what?
Health care consumers are more focused on value than ever. So a merger of two huge hospital systems that would create streamlined operations is a good thing, right? (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 12, 2017 Category: Biotechnology Authors: Coral Garnick Source Type: news

Mallinckrodt wraps up $42 million deal
Mallinckrodt has closed on its acquisition of Ocera Therapeutics Inc., a pharmaceutical firm focused on developing liver disease treatments. (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - December 12, 2017 Category: Health Management Authors: Angela Mueller Source Type: news

Mallinckrodt wraps up $42 million deal
Mallinckrodt has closed on its acquisition of Ocera Therapeutics Inc., a pharmaceutical firm focused on developing liver disease treatments. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 12, 2017 Category: Biotechnology Authors: Angela Mueller Source Type: news

First multimessenger observation of a neutron-star merger is Physics World 2017 Breakthrough of the Year
International collaboration of astronomers and astrophysicists that ushered in new era of astronomy tops our list of the 10 key breakthroughs in physics this year (Source: PhysicsWeb News)
Source: PhysicsWeb News - December 12, 2017 Category: Physics Source Type: news

Ascension-Providence merger would create a behemoth. But then what?
Health care systems usually merge to create stronger operations that will better help patients and reduce costs in a world where patients are more focused on value than ever. (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - December 11, 2017 Category: American Health Authors: Coral Garnick Source Type: news

Ascension-Providence merger would create a behemoth. But then what?
Health care systems usually merge to create stronger operations that will better help patients and reduce costs in a world where patients are more focused on value than ever. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2017 Category: Biotechnology Authors: Coral Garnick Source Type: news

Smith & Nephew launches MolecuLight i:X wound bacteria visualizer in Europe
Smith & Nephew (NYSE:SNN) said today it launched the MolecuLight i:X handheld imaging device designed to assess wound surface area and help visualize harmful bacteria within the wounds in Europe. The device is designed to improve wound assessments, which are currently made without tools, the company said. The system uses fluorescence to help visualize potentially harmful bacteria which may other be missed. “The MolecuLight i:X enables healthcare professionals to see what they have never been able to see before. We are proud to partner with MolecuLight Inc. and bring this innovative technology to ou...
Source: Mass Device - December 11, 2017 Category: Medical Devices Authors: Fink Densford Tags: Business/Financial News Wound Care Smith & Nephew Source Type: news

Philips acquires cloud-based pop health co VitalHealth
Royal Philips (NYSE:PHG) said last Friday it acquired cloud-based population health management company VitalHealth for an undisclosed amount. The new acquisition, also headquartered in the Netherlands, produces products and services used by more than 100 healthcare networks globally in countries including the US, India, China, Sweden, Germany, Belgium and the Netherlands. “We are delighted and proud to become part of Philips. It will accelerate our mission to enable better health for millions of people around the world. Our digital health solutions are highly complementary to the ones that Philips provides. Toge...
Source: Mass Device - December 11, 2017 Category: Medical Devices Authors: Fink Densford Tags: Business/Financial News Mergers & Acquisitions Software / IT royalphilips vitalhealth Source Type: news

Medtronic Scoops Up an Irish Endoscopy Diagnostics Player
Medtronic has added two endoscopic devices to its portfolio through an acquisition that could be worth up to $45 million, according to various media reports. The new acquisition, Galway, Ireland-based Crospon, provides Medtronic with a functional luminal imaging probe called the Endoflip. The device consists of a balloon catheter that is inserted into the area being measured and injected with a conductive solution to enable electrodes in the balloon to record voltage. The Endoflip builds up a picture of the geometry of the esophagus, pylorus, and anal sphincters using high-resolution impedance planimetry, according to Cros...
Source: MDDI - December 11, 2017 Category: Medical Devices Authors: Amanda Pedersen Tags: Medical Device Business Imaging Source Type: news

Providence in merger talks with St. Louis hospital system
The merger would bring together 191 hospitals, many more clinics and the company would have a combined revenue of $45 billion. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - December 11, 2017 Category: Pharmaceuticals Source Type: news

Mallinckrodt Completes Acquisition of Ocera Therapeutics and OCR-002, Its Proprietary Therapy in Development for Treatment of Hepatic Encephalopathy
STAINES-UPON-THAMES, United Kingdom, Dec. 11, 2017 -- (Healthcare Sales & Marketing Network) -- Mallinckrodt plc (NYSE: MNK), a leading global specialty pharmaceutical company, today announced it has closed the acquisition of Ocera Therapeutics, a clinica... Biopharmaceuticals, Mergers & Acquisitions Mallinckrodt, Ocera Therapeutics, hepatic encephalopathy (Source: HSMN NewsFeed)
Source: HSMN NewsFeed - December 11, 2017 Category: Pharmaceuticals Source Type: news

Report: Medtronic acquires gastro diag dev Crospon in deal worth $45m
Medtronic (NYSE:MDT) has reportedly acquired gastrointestinal disorder diagnostic company Crospon in a deal that could be worth as much as $45 million (EU €38 million), according to a Times UK report. The Galway, Ireland-based developer was founded in 2006 by current chief exec John O’Dea, and is looking to develop tools to more effectively examine and possibly treat gastrointestinal disorders, according to the report. The company produces endoscopic diagnostics, including its recently FDA-cleared Endoflip system, which includes the company’s Flip topography module designed to allow for the assessment...
Source: Mass Device - December 11, 2017 Category: Medical Devices Authors: Fink Densford Tags: Business/Financial News Diagnostics Mergers & Acquisitions Crospon Medtronic Source Type: news

Managing Up Physician Acquisitions
Integrating acquired physician practices has been an ongoing struggle for health systems. Here are some steps to take to ensure a smoother integration. (Source: Physicians Practice)
Source: Physicians Practice - December 11, 2017 Category: Practice Management Authors: Chris Stanley, MD Tags: Blog Finance Practice Models Productivity Source Type: news

How do some medical device companies perform better than others?
[Image from Unsplash]Among the most successful medical device companies this year, there were two themes: innovation and breadth of services. That was the major takeaway of an MDO analysis of the stock performance of the 100 largest publicly traded medtech companies in the world. What does innovation mean? Think Align Technologies (Nasdaq:ALGN) and how it brought 3D printing to bear on a dental product screaming for better customization: braces. Or there’s Abiomed (Nasdaq:ABMD) and its tiny Impella heart pump, which is meant to help restore blood flow and allow the heart to rest after a heart attack. For breadth of s...
Source: Mass Device - December 8, 2017 Category: Medical Devices Authors: Chris Newmarker Tags: Business/Financial News Cardiac Assist Devices Contract Manufacturing Diabetes News Well Wall Street Beat Abiomed aligntechnology Bruker Corp. Insulet integer intuitivesurgical LivaNova Merit Medical Systems Inc. Straumann Hold Source Type: news

Former Blue KC CEO: Merger talk brings ‘lightning rod’ to health care
Two proposed mega mergers between insurance companies and ancillary health care companies could shake up the industry. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - December 8, 2017 Category: Pharmaceuticals Authors: Elise Reuter Source Type: news

Former Blue KC CEO: Merger talk brings ‘lightning rod’ to health care
Two proposed mega mergers between insurance companies and ancillary health care companies could shake up the industry. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 8, 2017 Category: Biotechnology Authors: Elise Reuter Source Type: news

Walgreens, KKR complete $1.4 billion acquisition of PharMerica
A joint venture between KKR& Co. L.P. and Walgreens Boots Alliance Inc. has completed its acquisition of Louisville-based institutional pharmacy provider PharMerica Corp. in a $1.4 billion deal. PharMerica (NYSE: PMC) shareholders will receive $29.25 per share for their stock in the company, which will cease trading on the New York Stock Exchange tomorrow. PharMerica announced the merger in August and said the deal would be completed in early 2018. The all-cash deal includes the assumpti on of… (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - December 8, 2017 Category: Pharmaceuticals Authors: Chris Larson Source Type: news

Walgreens, KKR complete $1.4 billion acquisition of PharMerica
A joint venture between KKR& Co. L.P. and Walgreens Boots Alliance Inc. has completed its acquisition of Louisville-based institutional pharmacy provider PharMerica Corp. in a $1.4 billion deal. PharMerica (NYSE: PMC) shareholders will receive $29.25 per share for their stock in the company, which will cease trading on the New York Stock Exchange tomorrow. PharMerica announced the merger in August and said the deal would be completed in early 2018. The all-cash deal includes the assumpti on of… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 8, 2017 Category: Biotechnology Authors: Chris Larson Source Type: news

J19 Fitness owner acquires Alabaster gym facility
A Birmingham fitness facility is changing names and hands. Kelly Olcott, founder and owner of J19 Fitness in Hoover, has acquired Sky Soldiers CrossFit in Alabaster. It is Olcott's third gym acquisition since opening J19 in Hoover in 2011. With the acquisition, Olcott will change the name of the Alabaster location to J19 Fitness South. His other locat ion, in Jasper, is J19 Fitness North. The Jasper location previously was CrossFit 205. “Creating environments that build community and make… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - December 8, 2017 Category: American Health Authors: Stephanie Rebman Source Type: news

Stryker announces definitive agreement to acquire Entellus
Kalamazoo, Michigan – December 7, 2017 -- (Healthcare Sales & Marketing Network) -- Stryker Corporation (NYSE: SYK) announced today a definitive merger agreement to acquire Entellus Medical, Inc. (NASDAQ: ENTL) for $24.00 per share, or an equity value of a... Devices, Mergers & Acquisitions Stryker, Entellus Medical, Multi-Sinus Dilation System, Absorbable Nasal Implant (Source: HSMN NewsFeed)
Source: HSMN NewsFeed - December 8, 2017 Category: Pharmaceuticals Source Type: news

Report: Deal volumes still down, values up in medtech M & A
Mergers and acquisition deal volume are down but values are up in 2017, according to a new report form PitchBook. So far this year, approximately 210 deals have taken place in the healthcare devices and supplies industry, bringing in $62.5 billion. The number of deals is down from the 317 M&A deals that took place last year, though value has exceeded the $46 billion deal value from 216, according to the report. In the past week, over $535 million has cleared in mergers and acquisitions, including CryoLife Inc‘s (NYSE:CRY) $225 million acquisition of German stent graft and surgical graft maker Jotec, Smith &a...
Source: Mass Device - December 8, 2017 Category: Medical Devices Authors: Fink Densford Tags: Business/Financial News Mergers & Acquisitions Source Type: news

HSJ Catch Up: Mergers on and off, plus pathology risks
Your essential update on health for the week (Source: HSJ)
Source: HSJ - December 8, 2017 Category: UK Health Source Type: news

Philips Expands its Population Health Management Business with the Acquisition of VitalHealth
Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it has acquired VitalHealth, a leading provider of cloud-based population health management solutions for the delivery of personalized care outside of the hospital, for example, in regional care networks. (Source: eHealth News EU)
Source: eHealth News EU - December 8, 2017 Category: Information Technology Tags: Featured Philips Business and Industry Source Type: news

Proposed CVS-Aetna Deal Should Scare Primary-Care Practices
The CVS-Aetna $69 billion merger is going to cause a lot of headaches for primary-care physician practices. (Source: Physicians Practice)
Source: Physicians Practice - December 8, 2017 Category: Practice Management Authors: Gabriel Perna Tags: Blog Patients Practice Models Physician Productivity Source Type: news

Stryker Sniffs Out a Tuck-In Opportunity for ENT
Stryker has agreed to acquire Entellus Medical, a company focused on minimally invasive treatments for various ear, nose, and throat (ENT) disease states, for about $662 million ($24 a share). Plymouth, MN-based Entellus has a broad portfolio of ENT products, including the XprESS multi-sinus dilation system and the Latera absorbable nasal implant, which Stryker said will complement its existing ENT device portfolio. Stryker expects the deal to be dilutive to its 2018 adjusted net earnings per diluted share by roughly $0.04 and accretive thereafter.  The news didn't seem to move the Kalamazoo, MI-based stock [NYSE: SYK...
Source: MDDI - December 7, 2017 Category: Medical Devices Authors: Amanda Pedersen Tags: Medical Device Business Source Type: news

Royal Philips acquires IT firm Forcare
Royal Philips is looking to expand its offerings with the acquisition of Dutch...Read more on AuntMinnie.comRelated Reading: Philips, Neb. hospital partner on pediatric care Philips extends partnership with Ariz. provider Philips teams with 3D Systems, Stratasys on 3D printing Forcare awarded Ky. IT contract Forcare secures Texas contract Intelerad, Forcare team up (Source: AuntMinnie.com Headlines)
Source: AuntMinnie.com Headlines - December 7, 2017 Category: Radiology Source Type: news

Sanders Trust expands again into new state
Birmingham-based The Sanders Trust will expand into its 25th state with a newly announced deal. TST said it is developing an $11.2 million medical office building in the Glenview, Illinois, suburb of Chicago. After several acquisition deals throughout 2017, this development again expands the company's footprint. “Not only is it a milestone for The Sanders Trust to enter its 25th state, bu t is also an honor to partner with a tenant that offers superb quality of care as we enter the high demand… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 7, 2017 Category: Biotechnology Authors: Brent Godwin Source Type: news

Walgreens, KKR complete $1.4 billion acquisition of PharMerica
A joint venture between KKR& Co. L.P. and Walgreens Boots Alliance Inc. has completed its acquisition of Louisville-based institutional pharmacy provider PharMerica Corp. in a $1.4 billion deal. PharMerica (NYSE: PMC) shareholders will receive $29.25 per share for their stock in the company, which will cease trading on the New York Stock Exchange tomorrow. PharMerica announced the merger in August and said the deal would be completed in early 2018. The all-cash deal includes the assumpti on of… (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - December 7, 2017 Category: Health Management Authors: Chris Larson Source Type: news

Regulations And Politics Rain On Pharma M & A Parade
Deals are getting smaller despite competitive pressures to scale up. (Source: Forbes.com Healthcare News)
Source: Forbes.com Healthcare News - December 7, 2017 Category: Pharmaceuticals Authors: Mergermarket, Contributor Tags: NYSE:PFE NYSE:AZN NYSE:AGN NYSE:GSK Source Type: news

Stryker pledges $662m cash for Entellus Medical
Entellus Medical (NSDQ:ENTL) said today that it struck a deal to be acquired by Stryker (NYSE:SYK) for $662 million in cash. Plymouth, Minn.-based Entellus, founded in 2006, makes a family of minimally invasive balloon device products, including its flagship Xpress device, that are designed to treat blocked sinuses. Earlier this year it closed the $81 million buyout of Spirox and its Latera absorbable nasal implant. The company’s shareholder must still approve the $24-per-share deal. “The combination of Stryker’s established commitment to making healthcare better and Entellus’ innovative p...
Source: Mass Device - December 7, 2017 Category: Medical Devices Authors: Brad Perriello Tags: Mergers & Acquisitions Otolaryngology Ear, Nose & Throat Wall Street Beat Entellus Medical Inc. Stryker Source Type: news

Epidarex Capital Portfolio Company Harpoon Medical Acquired By Edwards Lifesciences
Acquisition Marks Further Success for the Epidarex Portfolio BETHESDA, Md., Dec. 7, 2017 -- (Healthcare Sales & Marketing Network) -- Epidarex Capital ("Epidarex"), an early-stage, transatlantic life science venture fund, today announced that... Devices, Cardiology, Mergers & Acquisitions Epidarex Capital, Harpoon Medical, Edwards Lifesciences (Source: HSMN NewsFeed)
Source: HSMN NewsFeed - December 7, 2017 Category: Pharmaceuticals Source Type: news

CVS-Aetna deal could expedite a possible Humana merger
There are a number of potential suitors for Humana. But who will make a move? (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - December 7, 2017 Category: American Health Authors: Chris Larson Source Type: news

Fenwick & West Seattle leader Stephen Graham is a biotech dealmaker
Stephen Graham has had a hand in every major biotech merger and acquisition deal in the Puget Sound region over nearly 40 years representing companies in the industry. (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - December 7, 2017 Category: American Health Authors: Casey Coombs Source Type: news

Clinical chair appointed for biggest CCG merger in the country
Three merging Birmingham and Solihull clinical commissioning groups have appointed local GP Peter Ingham as their new clinical chair. (Source: HSJ)
Source: HSJ - December 7, 2017 Category: UK Health Source Type: news

Ahead of reverse merger closing, Raleigh company raises $1.45M
Ahead of the closing of its reverse merger with Simi Valley, California-based Monster Digital (Nasdaq: MSDI), Raleigh-based Innovate Biopharmaceuticals has raised $1.45 million.   According to a filing with the SEC, the funds include debt, options and securities.  “The funds will be used for general operations and activities associated with our upcoming reverse merger with MSDI,” Kendyle Woodard, director, operations and investor relations, at Innovate, said in an e mail.  In an interview… (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - December 6, 2017 Category: Health Management Authors: Jennifer Henderson Source Type: news

Ahead of reverse merger closing, Raleigh company raises $1.45M
Ahead of the closing of its reverse merger with Simi Valley, California-based Monster Digital (Nasdaq: MSDI), Raleigh-based Innovate Biopharmaceuticals has raised $1.45 million.   According to a filing with the SEC, the funds include debt, options and securities.  “The funds will be used for general operations and activities associated with our upcoming reverse merger with MSDI,” Kendyle Woodard, director, operations and investor relations, at Innovate, said in an e mail.  In an interview… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 6, 2017 Category: Biotechnology Authors: Jennifer Henderson Source Type: news

Breakingviews: UnitedHealth ’ s Deal May Point to Health Care ’ s Future
America ’ s health care system has a multiplicity of players, driving bills higher. UnitedHealth ’ s purchase of a physicians group could control costs. (Source: NYT Health)
Source: NYT Health - December 6, 2017 Category: Consumer Health News Authors: ROBERT CYRAN Tags: Health Insurance and Managed Care Mergers, Acquisitions and Divestitures UnitedHealth Group Inc DaVita HealthCare Partners Inc. Source Type: news

Edwards Lifesciences acquires mitral repair dev Harpoon Medical for $100 million
Edwards Lifesciences (NYSE:EW) said today it acquired mitral valve repair developer Harpoon Medical for $100 million in cash, with the potential for an additional $150 million in milestone payments over 10 years. Harpoon is developing a system designed to enable echo-guided repair of mitral valve regurgitation through the stabilization of prolapse leaflets to restore coaptation and valve function. The device is currently investigational, though Harpoon is hopeful it will receive CE Mark approval in the European Union in the near future. “We believe the addition of Harpoon Medical’s technology and talented ...
Source: Mass Device - December 6, 2017 Category: Medical Devices Authors: Fink Densford Tags: Business/Financial News Cardiovascular Mergers & Acquisitions Replacement Heart Valves Edwards Lifesciences Harpoon Medical Source Type: news

Edwards Buys Harpoon for up to $250 Million
Edwards Lifesciences may be best known for its leadership in transcatheter valve therapies, but the company appears to be turning to its surgical valve portfolio as part of its growth strategy for the coming year. The company's acquisition of Harpoon Medical, announced Wednesday afternoon, is the first major indicator of this shift. Harpoon is developing beating-heart repair technology for degenerative mitral regurgitation (DMR). Edwards paid $100 million up front for Harpoon and agreed to pay up to $150 million more in milestone payments over the next 10 years. The company has had an eye on Harpoon since 2015 wh...
Source: MDDI - December 6, 2017 Category: Medical Devices Authors: Amanda Pedersen Tags: Medical Device Business Source Type: news

How Smith & Nephew ’ s InVentures program is promoting innovation
Smith & Nephew’s InVentures has developed devices including a a suspension-based bone implant for the shoulder (left) and a set of seven instruments to arthroscopically treat meniscal root tears (right). [Images courtesy of Smith & Nephew]For nearly a decade, Smith & Nephew’s InVentures program has worked with surgeons who have innovative ideas but aren’t starting their own companies. The program provides a third innovation route on top of the major two for big medical device companies: internal R&D and acquisition of smaller companies with new technologies. “A company the ...
Source: Mass Device - December 6, 2017 Category: Medical Devices Authors: Chris Newmarker Tags: Business/Financial News Orthopedics DeviceTalks West inventures Smith & Nephew Source Type: news

CVS-Aetna deal could expedite a possible Humana merger
There are a number of potential suitors for Humana. But who will make a move? (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - December 6, 2017 Category: American Health Authors: Chris Larson Source Type: news

NSF statement on latest LIGO-Virgo detection of binary black hole merger
Scientists supported by the National Science Foundation (NSF) recently announced the detection of the merger of two relatively "light" black holes, 7 and 12 times the mass of the sun, respectively, at a distance of about 1 billion light-years. NSF'sLaser Interferometer Gravitational-Wave Observatory (LIGO) made the detection in June. LIGO is funded by NSF and operated by the California Institute of Technology (Caltech) and the Massachusetts Institute of Technology (MIT). The black hole ... More at https://www.nsf.gov/news/news_summ.jsp?cntn_id=243901&WT.mc_id=USNSF_51&WT.mc_ev=click This is an NSF N...
Source: NSF News - December 6, 2017 Category: Science Source Type: news

Montgomery County medical marijuana company raises third round in less than a year
Green Leaf Medical has already raised millions to make more acquisitions in Maryland and beyond. (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - December 6, 2017 Category: American Health Authors: Tina Reed Source Type: news

Analysts see pain and gain in $69 billion CVS-Aetna merger
Both companies operate in Colorado; CVS has more than two dozen pharmacy locations in metro Denver. (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - December 6, 2017 Category: American Health Authors: Jessica Bartlett Source Type: news

Philips acquires medical interoperability platform dev Forcare
Royal Philips (NYSE:PHG) said today it acquired open-standards-based interoperability software solutions developer Forcare for an undisclosed amount. Forcare develops systems designed to enable data flow between medical systems, information sources and health information exchanges across health systems, Philips said. Philips said the combination of its informatics solutions alongside Forcare’s interoperability platform will help it “strengthen its leadership in connecting patient information across the health continuum.” “We have a leading position in building bridges between information system...
Source: Mass Device - December 6, 2017 Category: Medical Devices Authors: Fink Densford Tags: Business/Financial News Mergers & Acquisitions Software / IT royalphilips Source Type: news

Smith & Nephew closes $210m Rotation Medical buy
Smith & Nephew (NYSE:SNN) said today that it closed the $210 million acquisition of Rotation Medical and its regenerative shoulder repair treatment. The deal called for the British orthopedics and wound care giant to pay $125 million in up-front cash, with another $85 million on the line over the next five years in financial milestones. Plymouth, Minn.-based Rotation’s bioinductive implant is designed to induce new tissue growth after a patient suffers a rotator cuff tendon tear. The device won FDA clearance in March 2014. Today Smith & Nephew said filing is being prepared for CE Mark appr...
Source: Mass Device - December 6, 2017 Category: Medical Devices Authors: Brad Perriello Tags: Mergers & Acquisitions Orthopedics Regenerative Medicine Wall Street Beat rotationmedical Smith & Nephew Source Type: news

CHS strikes a deal to sell another hospital
Franklin-based Community Health Systems Inc. has signed a definitive agreement to sell another of its hospitals. CHS has agreed to sell the 120-bed Bayfront Health Dade City, located in Florida, to subsidiaries of Adventist Health System, according to a news release. The deal is expected to close in the first quarter of 2018; terms were not disclosed. The hospital giant (NYSE: CYH) has had a difficult coupl e of years following its $7.6 billion acquisition of Florida-based Health Management Associates.… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 6, 2017 Category: Biotechnology Authors: Joel Stinnett Source Type: news

Fourth trust joins hospital alliance ahead of pathology merger
A major alliance of acute providers in the West Midlands is being expanded to include a fourth trust, HSJ has learned. (Source: HSJ)
Source: HSJ - December 6, 2017 Category: UK Health Source Type: news

MoCo medical marijuana company raises third round in less than a year
Green Leaf Medical has already raised millions to make more acquisitions in Maryland and beyond. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - December 6, 2017 Category: Pharmaceuticals Authors: Tina Reed Source Type: news

MoCo medical marijuana company raises third round in less than a year
Green Leaf Medical has already raised millions to make more acquisitions in Maryland and beyond. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 6, 2017 Category: Biotechnology Authors: Tina Reed Source Type: news