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Assurex Health Inc.
Latest From Assurex Health Inc.
Q3 medtech financing doubled in dollar volume to $3 billion, with debt offerings again representing the majority of the aggregate; acquisitions totaled $5.3 billion, mainly due to Johnson & Johnson’s $4.3 billion buy of Abbott Medical Optics. Diagnostics financings, which brought in $85 million, continued to decline, but at $5 billion, acquisitions showed a slight increase over the previous quarter, with Danaher’s takeover of Cepheid accounting for most of the M&A volume.
Derived from Strategic Transactions, Informa’s premium source for tracking life sciences deal activity, the Dealmaking column is a survey of recent health care transactions listed by relevant industry segment – In Vitro Diagnostics, Medical Devices, and Pharmaceuticals – and then categorized by type – Acquisition, Alliance, or Financing. This month’s column covers deals announced in August 2016.
The dog-days of summer produced just a handful of mergers and acquisitions in the medtech sector and no blockbuster deals. However, several companies made smaller deals for innovative products in a range of sectors including IVDs, cardiovascular devices, and ophthalmology.
In its bid to develop more targeted diagnostics and build future partnerships with pharma companies, Myriad has signed a $225m deal, plus milestones, to acquire Assurex Health.
Drug Discovery Tools
- Drug Discovery Tools
In Vitro Diagnostics
- Molecular Diagnostics & Genetic Testing
- Research, Analytical Equipment & Supplies
- Therapeutic Areas
- Neurology, Nervous System
- AssureRx Health Inc.
- North America
- Parent & Subsidiaries
- Assurex Health Inc.
- Senior Management
Virginia C Drosos, Pres. & CEO
Donato L Peter , SVP & CFO
Mark S Verratti, SVP, Chief Sales & Business Dev. Officer
Bryan M Dechairo, PhD, SVP, Med. Affairs & Clin. Dev.
Donald R Wright, EVP & COO
Jeff P Borcherding, VP, Mktg.
Scott M Roth, VP, Product Dev.
- Contact Info
Assurex Health Inc.
Phone: (888) 987-9913
6030 S. Mason-Montgomery Rd.
Mason, OH 45040
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