Industry Update: Medical Devices
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.
Industry Highlights
- On June 17, 2021, Danaher, a medical company that operates through Life Sciences, Diagnostics, and Environmental & Applied Solutions, entered a definitive agreement to acquire Aldevron, whom manufactures high-quality plasmid DNA, mRNA, and proteins, serving biotechnology and pharmaceutical customers across research, clinical and commercial applications. The acquisition would cost Danaher an estimated $9.8B.
- On June 02, 2021 STERIS plc, a global healthcare and life science provider, completed the acquisition of Cantel Medical in a $4.6B deal. Cantel serves as a global provider of infection prevention products and services to endoscopy, dental, dialysis and life sciences customers.
- On May 25, 2021, Becton, Dickinson and Company, a leading global medical technology company, announced the availability of BD Surgiphor™ Sterile Wound Irrigation System, the first and only ready-to-use aqueous povidone-iodine rrigation solution that mechanically loosens and removes wound debris. BD acquired Surgiphor™ from Orthophor, LLC in November 2020.
