Solta Medical, Inc., has announced it has secured $40 million in financing from Capital Royalty Partners L.P.
Surefire Medical, Inc., has announced it has completed a $18.2 million Series B funding.
Surefire Medical, based in Westminster, Colo., is a commercial stage medical device company developing infusion systems for the interventional radiology and interventional oncology markets.
The … Continue Reading
LENSAR Inc. announced earlier this month (pdf) the closing of $27 million in PE financing.
LENSAR, headquartered in Orlando, Fla., is the developer of the LENSAR laser system for refractive laser-assisted cataract surgery.
In this month’s Law360 column, we again revisited an industry that has garnered quite a bit of investor attention, the urgent care industry. This column focuses on state level regulation and related issues.
The urgent care industry is a … Continue Reading
Jordan Health Services has announced it has merged with Healthcare Innovations Private Services.
In just a few weeks, dialysis providers will learn whether CMS will reduce Medicare dialysis reimbursement by 9.4 percent beginning in 2014. Next month CMS is expected to publish a final rule to its July proposal that would update the End-Stage … Continue Reading
Panasonic Corp. and Kohlberg Kravis Roberts & Co. (together with its affiliates, KKR) have announced KKR will acquire Panasonic’s Healthcare Co. for approximately $1.67 billion.
KKR and Panasonic will become joint partners of Panasonic Healthcare, cooperating in the management of … Continue Reading
In our most recent Law360 article, co-authored with our McGuireWoods colleagues Jason Greis and Melesa Freerks, we discussed the post-acute industry.
Over the past several years, the health care industry has experienced a significant increase in private equity and alternative … Continue Reading
Greenway Medical Technologies, Inc. has announced it will be acquired by Vista Equity Partners for approximately $644 million.
Golden Equity Investments has announced it has acquired Innovative Medical Device Solutions (IMDS).
IMDS was acquired from Arsenal Capital Partners.
A group of patients have filed a class-action lawsuit against Advocate Medical Group in Park Ridge, Ill., following a July theft of computers containing information on four million individuals, according to a Chicago Tribune report. The Advocate Medical Group … Continue Reading
ALung Technologies, Inc., has announced it has raised $15.8 million in series B-1 financing.
ALung Technologies, based in Pittsburgh, Pa., develops and manufactures lung assist devices.
In a recent installment of our monthly Law360 column, this time co-authored with our McGuireWoods colleague Helen Suh, we discussed private equity and venture capital activity in the medical device space.
Medical device companies have long attracted the attention of … Continue Reading
We have previously discussed the rapidly growing private equity interest in the urgent care space, the reasons for urgent care’s current favored status and some of the challenges for investors. A large transaction announced this month is another example of private … Continue Reading
GlaxoSmithKline (GSK) has announced the launch of a new $50 million VC fund that will invest in companies developing bioelectronic medicines and technologies.
Action Potential Venture Capital (APVC) Limited intends to build a portfolio of 5-7 companies over the next … Continue Reading
ConforMIS, Inc., has announced it has expanded its Series E round financing to $167.7 million.
ConforMIS, based in Bedford, Mass., is a privately held medical device company focusing on orthopedic implants and instrumentation.
The funding included participation from sovereign … Continue Reading
SightLine Partners has announced the closing of a $107 million fund for secondary direct investments in late-stage med-tech companies.
Vertos Medical Inc. has announced it has raised $23 million in series E financing.
Vertos Medical, based in Aliso Viejo, Calif., develops minimally invasive treatments for lumbar spinal stenosis (LSS). Its proprietary technologies include mild, an outpatient, minimally … Continue Reading
Veracyte, Inc., has announced it has raised $28 million in Series C financing.
Veracyte, based in South San Francisco, Calif., is a molecular diagnostics company in the field of molecular cytology.
Mevion Medical Systems, Inc., has announced it has raised $55 million primarily from existing equity investors.
Mevion, based in Littleton, Mass., is a developer of single-room proton therapy systems for the treatment of cancer.
The funds were raised from … Continue Reading
Healthcare is the fourth-best performing sector for global M&A during 2013, according to a Fortune report citing preliminary Thomson Reuters data.
Many other sectors are not faring as well, as global M&A activity appears to have hit a three-year low … Continue Reading
We have noted in the past that we publish a monthly healthcare private equity column in Law360. This month the column was co-authored with our colleague Holly Carnell (as well as summer intern Greg Barr to whom we … Continue Reading
Ocular Therapeutix, Inc. has announced Baxter Ventures has acquired a minority equity stake in the company.
Ocular Therapeutix, a privately held company based in Bedford, Mass., develops and commercializes ophthalmic therapeutic products using proprietary hydrogel technology.
EndoStim has raised $14.1 million in a fundraising round, according to a St. Louis Business Journal report.