Deals this week: SetPoint Medical Corporation, Zhuhai Hokai Medical Instruments, MedGenome

US-based biomedical technology company SetPoint Medical Corporation has raised $30m in a Series D financing round led by New Enterprise Associates.

Free Report

What is driving M&A activity in the MedTech space?

The COVID-19 pandemic has left an indelible mark on the MedTech landscape. Changes in how healthcare is delivered, and new treatment modalities, are creating opportunities and challenges for both new and traditional players. As companies sought out opportunities during the pandemic-driven downturn, the number and value of mergers and acquisition deals in the MedTech space increased. Companies worked to reposition themselves in the newly aligned healthcare world, but with further economic turmoil expected: will these trends be repeated? And what tech areas should firms be looking to expand their capabilities into? GlobalData’s report, “Themes driving M&A activity in the Medical Devices Sector, Q1 2022,” draws upon GlobalData’s extensive MedTech deals databases, highlighting major trends and hot themes in M&A activity. This report will assist you in:

Understanding value and volume trends in M&A from Q1 2018 to Q1 2022
Understanding regional trends in M&A activity
Understanding which medical device sectors are leading M&A activity, and which are lagging
Understanding the leading tech trends in Q1 2022 M&A activity
Knowing the key deals that occurred during Q1 2022

Download the full report to understand what to expect and how to align your business for success.

By GlobalData

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The company plans to use the funds to advance the development of its bioelectronic therapy for inflammatory diseases.

Chinese company Zhuhai Hokai Medical Instruments Co Ltd plans to raise CNY1bn ($150.1m) through the public offering of convertible bonds due in 2023.

"The company plans to use the funds to advance the development of its bioelectronic therapy for inflammatory diseases."

US-based genomics research and diagnostics company MedGenome Inc has secured $30m in a Series C venture financing round led by Sequoia Capital India Advisors Pvt Ltd.

The company intends to use the stocks to progress its biomarker discovery programmes.

Free Report

What is driving M&A activity in the MedTech space?

Understanding value and volume trends in M&A from Q1 2018 to Q1 2022
Understanding regional trends in M&A activity
Understanding which medical device sectors are leading M&A activity, and which are lagging
Understanding the leading tech trends in Q1 2022 M&A activity
Knowing the key deals that occurred during Q1 2022

Download the full report to understand what to expect and how to align your business for success.

By GlobalData

Free Report

What is driving M&A activity in the MedTech space?

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Free Report

What is driving M&A activity in the MedTech space?

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