VRC is proud to release its latest Industry Report. The report provides a concise, insightful update on the Medical Devices industry including recent transactions, market multiples, company performance and purchase price allocation percentages.
Read the full report: Medical Devices: October 2020
October 2020 Industry Highlights
- On September 22, 2020, V-Wave Ltd., a cardiovascular device company developing proprietary, minimally invasive interatrial shunt devices for treating patients with severe symptomatic heart failure (HF) and pulmonary arterial hypertension, announced that it has closed a Series C extension of up to $98 million. The group of investors included Edward LifeSciences Corporation, BRM Group, Deerfield Management, and BioStar Ventures among others.
- On September 30, 2020, Medtronic plc announced the planned acquisition of Avenu Medical, a privately held medical device company based in San Juan Capistrano, CA focused on the endovascular creation of arteriovenous fistulae for patients with end-stage renal disease undergoing dialysis. Terms of the transaction were not disclosed.
- Read the full report: Medical Devices: October 2020
Past Industry Updates: