Heart disease and strokes kill more than 786,000 Americans each year, according to the American Heart Association. With such a massive need for more treatment options, medical device makers are rolling out new cardiac devices and merging with other companies to improve offerings, reports Mergers & Acquisitions.
Here are three devicemaker acquisitions posed to benefit heart patients.
- Irvine, Calif.-based Edwards Lifesciences Corp. announced plans in November to purchase Israel-based Valtech Cardio for $690 million. Through the deal, Edwards Lifesciences will expand its services in heart valve repair and replacement.
2. Minneapolis-based Medtronic acquired HeartWare International for about $1.1 billion in August. Framingham, Mass.-based HeartWare produces miniature implantable heart pumps for patients suffering from advanced heart failure.
3. In December, Wayne, Penn.-based Teleflex purchased Vascular Solutions for about $1 billion. Minneapolis-based Vascular Solutions creates catheters designed to improve vascular procedures.
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