Ossur hf has acquired Touch Bionics Limited for a sale consideration of $38.8m on a debt and cash free basis, from Archangel Informal Investment and Scottish Investment Bank and management.

"The acquisition enables Ossur to develop a complete bionic product portfolio."

The acquisition enables Ossur to develop a complete bionic product portfolio for its customers in the prosthetic industry and also to expand its position in lower and upper limb prosthetic industry.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Stryker has acquired the Y-Wire guidewire and Tiger Jamshidi needle family from SafeWire to develop a risk free portfolio for minimally invasive spine surgery.

The acquisition enables Stryker to use the needles for designing surgery equipment which can reduce the risk of wire based equipments and the amount of fluoroscopy.

Medical Device Network Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Medical Device Network Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving medical devices advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now