Deals this week: Alphatec Holdings, Dynatronics, K2M Group Holdings

27 October 2017 (Last Updated October 27th, 2017 11:32)

US-based medical technology company Alphatec Holdings Inc plans to raise $100m through a public offering of shares of its common stock, preferred stock, debt securities, warrants and units.

US-based medical technology company Alphatec Holdings Inc plans to raise $100m through a public offering of shares of its common stock, preferred stock, debt securities, warrants and units.

Dynatronics Corp and Zimmer MedizinSysteme GmbH have signed a distribution agreement to distribute the latter’s therapeutic equipment in the US.

Based in the US, Dynatronics is a rehabilitation equipment and medical devices manufacturer, while Zimmer is a German physiotherapy systems manufacturer.

K2M Group Holdings, Inc has acquired the cervical vertebral body replacement device PALO ALTO and the associated intellectual property from Cardinal Spine, LLC.

The transaction is expected to strengthen K2M Group’s cervical products portfolio.

Both companies involved in the deal are medical device companies based in the US.

“NeuroPace plans to use the funds to commercialise its NeuroPace RNS System.”

US-based medical technology company NeuroPace, Inc has secured $74m in an equity financing round led by KCK Group and OrbiMed Advisors LLC.

NeuroPace plans to use the funds to commercialise its NeuroPace RNS System.

ViewRay Inc has raised $49.87m through the private placement of eight million shares of its common stock priced at $5.95 a share.

The US-based medical device company plans to use the funds to commercialise its MRIdian Linear Accelerator Technology, and for general corporate purposes.

Kapstone Medical, LLC, has completion the acquisition of the assets of orthopaedic engineering company Loukas Medical, Inc.

The transaction provides the medical device company with access to a wider customer base.

Both companies involved are US-based.