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Medical Device Lawsuit Alerts
- Cleveland Medical Devices, Inc. v. ResMed Inc. (New Lawsuit Alert)
- Bioness Inc. v. Aretech, LLC (New Lawsuit Alert)
- Flect LLC v. Lumia Products Co. LLC. et al. (New Lawsuit Alert)
- The Litebook Company Ltd. v. Verilux, Inc. (New Lawsuit Alert)
- Petition for Inter Partes Review by Arthrex, Inc. of P Tech, LLC’s U.S. Patent No. 10,376,259
Recent Medical Device News
- Siemens to acquire Varian for $16.4 Billion
- Presidio Medical Announces $30 Million Financing Round Led by Invus Opportunities
- Polares Medical Closes a $40M Financing to Complete Pilot Clinical Studies
- CVRx Raises $50 Million in New Equity Financing
- Medtronic Makes Offer for Medical Device Maker Intersect
Boston Scientific Agrees to Purchase Majority Stake in M.I.Tech as M&A Deals Are Expected to Pick Up
By Sabing LeeOn June 15, 2022, Boston Scientific entered into a definitive agreement to purchase a majority stake in M.I.Tech Co., Ltd, a publicly traded Korean medical device company in the field of endoscopic and urological procedures. The agreement includes a purchase price of approximately $230 million. According to the announcement, M.I.Tech is the creator of the HANAROSTENT® technology, a family of conformable, non-vascular, self-expanding metal stents. Non-vascular stents can be used in gastrointestinal applications and in airways to clear obstructions or constrictions in areas such as the bili...
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