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Stryker to spend up to $500M to boost spine unit with imaging, robotics tech

by admin | Sep 17, 2019 | M&A - Buy-Out

Stryker plans to acquire sister companies Mobius Imaging and Cardan Robotics for $370 million in upfront cash. An additional $130 million is on the table based on completion of certain development and commercial milestones. Stryker will gain Mobius’ Airo CT...

Vertex buys developer of preclinical cell therapy for Type 1 diabetes for $950M

by admin | Sep 7, 2019 | M&A - Buy-Out

The Boston-based company said it would acquire Semma Therapeutics, which is developing a stem cell-derived therapy and device for the disease. Preclinical data were announced in July, and clinical trials are planned for 2020. Vertex Pharmaceuticals is betting nearly...
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