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Medical Device Lawsuit Alerts
- Theragun, Inc. v. Golovan Ltd. d/b/a GetKraft et al. (New Lawsuit Filed)
- Petition for Inter Partes Review by Intuitive Surgical Inc. of P Tech, LLC’s U.S. Patent No. 9,149,281 (Final Written Decision)
- NuVasive, Inc. v. Alphatec Holdings, Inc. et al. (Summary Judgment)
- Petition for Inter Partes Review by Coloplast A/S of Pamarope Pty Limited’s U.S. Patent No. 10,925,715
- Petition for Inter Partes Review by Stryker Corporation et al of OsteoMed LLC’s U.S. Patent No. 10,245,085
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
Baxter Acquires Hillrom in the Largest Medical Device Acquisition of the Year
By Brandon SmithBaxter International Inc. ("Baxter") has agreed to acquire Hillrom for $10.5 billion ($156 per share) in a deal expected to close in 2022. After assumption of debt, the total enterprise value of the deal is approximately $12.4 billion. The deal had been rumored for about a month before it was announced. According to Baxter's investor presentation, the acquisition is expected to lead to "accelerated product and digital innovation across the care continuum and care settings." Patients increasingly want to receive their care at home or nearby, while hospitals and other care providers...
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