Advertisement

Transactions & Valuation Issues

Cincinnati-based Ethicon Endo-Surgery, a subsidiary of Johnson & Johnson, acquired private medical device company Megadyne Medical Products.

The Children's Hospital of Philadelphia signed a preclinical research agreement with Lund, Sweden-based NeuroVive Pharmaceutical AB to advance research and development in models of mitochondrial complex I dysfunction.

Hackensack, N.J.-based Regional Cancer Care Associates continued its expansion along the East Coast with its recent acquisition of Medical Oncology and Blood Disorders, a cancer center based in Hartford, Conn.

Advertisement

Sayre (Okla.) Memorial Hospital, a 31-bed nonprofit hospital, abruptly closed almost a year ago. Under a deal finalized Tuesday, the hospital will have the chance to reopen, according to a KECO news report.

While hospital merger and acquisition activity fell during 2016 compared to the year prior, announced transaction activity in Q4 increased from the previous quarter, according to an analysis by Ponder & Co.

Advertisement