Big Device Deals Still Hot in Europe as Synthes Follows Zimmer and Geitinge Extends Its Reach

August is usually a quiet time for dealmaking, particularly in Europe. But not this year. Last month saw two important deals announced, Synthes-Stratec's $1.1 billion deal for Mathys Medical Ltd., and Swedish capital equipment supplier Geitinge bought Siemens Life Support Systems.

August is usually a quiet time for dealmaking, particularly in Europe. But not this year. Last month saw two important deals announced, Synthes-Stratec 's $1.1 billion deal for Mathys Medical Ltd. [See Deal], and Swedish capital equipment supplier Getinge AB 's acquisition of Siemens LSS (Life Support Systems) [See Deal]. (In addition, two other major deals, GE Medical Systems ' $2.1 billion acquisition of Instrumentarium Corp. [See Deal], and Zimmer Holdings Inc. 's last-minute $3.2 billion deal for Centerpulse AG [See Deal], saw finalization.)

The Synthes-Mathys deal represents the final step in completing a Swiss corporate family reunion of sorts that will provide global...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on In Vivo for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Global Vision

UK Bets On Regulatory Innovation As Competitive Advantage In Synthetic Biology

 
• By 

The UK government has prioritized synthetic biology and created a "concierge service" for biotechs just as the US cuts science funding.

Chinese Firms Build Obesity Clinical Pipeline But Face Wider Hurdles

 
• By 

Despite the ability to initiate clinical trials quickly and having strong manufacturing capacity, Chinese companies are facing multiple challenges in the obesity space.

Unpacking The Impact Of Trump’s Tariffs On Drug Pricing And Production

 
• By 

Big pharma plans to invest billions of dollars in US manufacturing to avoid tariffs proposed by the Trump Administration. However, the implementation of these plans may be delayed due to regulatory complexities and rising costs from tariffs, potentially impacting drug prices for consumers.

Barcelona’s S2 Xpeed Accelerates Hardware-Based Medtech Start-Ups From Prototype To Market

 
• By 

S2 Xpeed is driving the rapid growth of medtech and hardware start-ups in Europe. Operating under a "sweat equity" model, the program helps early-stage companies move from prototype to manufacturing readiness in exchange for equity.

More from In Vivo

Crisis Or Opportunity? US MFN Policy Could Test Japan’s Appetite For Reforms

 
• By 

While the adoption of most favored nation drug pricing in the US stands to affect Japanese biopharma firms now heavily reliant on this market, it might also present an opportunity for pricing and policy reforms at home.

Rising Leaders 2025: Ovid’s Meg Alexander On Neurology’s Next Frontier

 
• By 

Ovid Therapeutics' president and COO Meg Alexander is leading the company’s strategic pivot toward innovative neurological treatments, potentially creating a new class of medicines for rare neurological disorders.

The Goldilocks Isotope: Perspective Therapeutics’ ‘Just Right’ Alpha Radiotherapeutic

 
• By 

Thijs Spoor's bet on lead-212 is paying off as Perspective Therapeutics advances three clinical programs with promising early efficacy signals and a comprehensive manufacturing strategy.