Deals this week: Align Technology, Prolight Diagnostics, VERNACARE

24 November 2017 (Last Updated November 24th, 2017 10:23)

Align Technology Inc has signed an agreement to distribute its iTero Element intraoral scanning system through Glidewell Dental Laboratories' glidewell.io In-Office Solution.

Align Technology Inc has signed an agreement to distribute its iTero Element intraoral scanning system through Glidewell Dental Laboratories’ glidewell.io In-Office Solution.

The partnership enables the two companies to distribute the new system in North America.

Both the companies involved in the transaction are based in the US.

Prolight Diagnostics AB plans to raise Skr832.57m ($98.93m) through a public offering of 439,353 shares priced at Skr1,895 ($225.16) a share.

Prolight is a biomedical devices developer based in Sweden.

VERNACARE INC has acquired Steris Plc’s (formerly Steris Ltd) synergy healthcare consumable solutions business (HCS).

Based in the US, VERNACARE is a surgical and medical instruments distributor, while Steris is a medical equipment company based in the UK.

“The company plans to utilise the funds towards business expansion in Europe and the US.”

Irish telehealth start-up VideoDoc Ltd plans to raise €20m ($23.59m) in venture funding.

The company plans to utilise the funds towards business expansion in Europe and the US.

MicroPort Scientific Corp has signed a binding letter of intent (LOI) to acquire LivaNova PLC’s Cardiac Rhythm Management (CRM) Business Franchise for $190m.

MicroPort is based in China and LivaNova is in the UK.

DIA Imaging Analysis Ltd (DIA) has signed a licensing agreement with US-based medical device company GE Healthcare LLC to develop its automated imaging analysis technology, as well as collaborate on GE’s ultrasound devices.

Based in Israel, DIA is a medical imaging analysis technology provider. Its automated imaging analysis technology helps to provide immediate and accurate ultrasound solutions for point of care settings.