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10 Spine, Orthopedic Device Company Acquisitions in 2014 So Far Featured

By  Laura Dyrda | Tuesday, 15 July 2014 15:33
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Here are 10 big transactions in the orthopedic and spine device market so far in 2014.

Stryker acquired Small Bone Innovations, including the company's STAR Ankle, for $375 million at the beginning of July.

 

Stryker also acquired completed the previously-announced acquisition of Pivot Medical — a privately-held company selling hip arthroscopy products with operating facilities — in March.

 

A month later, Stryker completed the previously-announced acquisition of Berchtold Holdings, a customer-centric healthcare equipment provider.

 

Zimmer and Biomet announced plans to merge in a $13.35 billion transaction in April. The FTC requested additional information on each company and approval is now pending.

 

In January, Globus Medical acquired robotic device maker Excelsius Surgical. The company will obtain Excelsius' robotic system FDA clearance by 2015 and close the deal by 2016.

 

Smith & Nephew purchased sports medicine device company ArthroCare for $1.7 billion in June.

 

A private equity firm purchased Johnson & Johnson's orthopedic clinical business for $4.1 billion in January.

 

Medtronic spent $160 million to purchase an implant "envelope" developer Tyrex in January.

 

More recently, Medtronic signed an agreement to acquire Covidien for $42.9 billion, ending rumors the company was a serious contender for Covidien's competitor Smith & Nephew. Covidien stockholders have sued to stop the transaction.

 

Mariel Therapeutics purchased Stryker's bone morphogenetic protein-7 assets in July.

 

More Articles on Orthopedic Devices:
Covidien Shareholders Sue to Stop Medtronic Acquisition
Smith & Nephew Drops Auditors Ernst & Young for KPMG
Titan Spine Receives FDA Clearance for Endoskeleton TL System

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