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True To Its Word, LivaNova Sheds CRM – To MicroPort

 
• By Ashley Yeo

One of the cleanest and swiftest M&A deals of recent months was the twinning of LivaNova's CRM business with MicroPort's enhanced ambitions in a $10 billion global market. What now for these two medtech innovators?

A good year just got even better in strategic terms for cardiac surgery and neuroscience group LivaNova PLC. In September, the reborn and reshaped combination of Cyberonics and Sorin signaled that its $249 million CRM business was no longer a strategic fit.

In bringing a new broom effect to the London-based group, CEO Damien McDonald has maximized talent, and optimized market coverage...

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