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Medical Equipment, Supplies & Distribution

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Jafron Biomedical to set up branch in Guangzhou

Monday, 23 Oct 2017 09:34pm EDT

Oct 24 (Reuters) - Jafron Biomedical Co Ltd <300529.SZ>:Says it will set up a branch in Guangzhou .

Exactech says must pay or cause to be paid to Osteon Holdings fee of $21.9 mln on termination of deal

Monday, 23 Oct 2017 05:14pm EDT

Oct 23 (Reuters) - Exactech Inc ::Exactech - ‍ if deal terminated under certain conditions, co must pay or cause to be paid to Osteon Holdings, a fee equal to $21.9 million - sec filing.

Spineway H1 operating result turns to profit of 0.7 million euros

Monday, 23 Oct 2017 12:30pm EDT

Oct 23 (Reuters) - SPINEWAY SAS ::H1 NET LOSS EUR ‍0.7​ MILLION VERSUS LOSS OF EUR 0.9 MILLION YEAR AGO.H1 OPERATING INCOME EUR 0.7 MILLION VERSUS LOSS OF EUR 0.8 MILLION YEAR AGO.9-MONTH SALES REVENUE EUR 7.4 MILLION, UP 125 PCT‍​.EXPECTS SHARP INCREASE IN ITS 2017 ANNUAL RESULTS‍​.‍GROUP HOPES FOR A RETURN TO NORMALIZED GROWTH DURING 2018 FY IN ASIA.

Smith & Nephew says to buy Rotation Medical Inc​

Monday, 23 Oct 2017 09:00am EDT

Oct 23 (Reuters) - SMITH & NEPHEW PLC ::‍ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE ROTATION MEDICAL INC​.‍ACQUISITION WILL BE FINANCED FROM EXISTING CASH AND DEBT FACILITIES​.‍TRANSACTION IS EXPECTED TO CLOSE IN LATE 2017​.‍INITIAL CASH CONSIDERATION OF $125 MILLION AND UP TO $85 MILLION OVER NEXT FIVE YEARS, CONTINGENT ON FINANCIAL PERFORMANCE.​.‍TRANSACTION IS EXPECTED TO CLOSE IN LATE 2017 AND TO BE EARNINGS NEUTRAL IN 2018 AND ACCRETIVE IN 2019.​.

Exactech enters agreement with TPG Capital to go private for $42 per share in cash​

Monday, 23 Oct 2017 08:15am EDT

Oct 23 (Reuters) - Exactech Inc -:Exactech enters definitive agreement with TPG Capital to go private.Exactech Inc - deal for ‍$42.00 per share in cash​.Exactech Inc - ‍transaction values Exactech at $625 million​.Exactech - co's founders Bill Petty and Betty Petty and CEO David Petty agreed with TPG to vote all of their shares in favor of deal​.

Jiangsu Yuyue Medical Equipment & Supply sees FY 2017 net profit up 20 pct to 40 pct

Monday, 23 Oct 2017 08:13am EDT

Oct 23(Reuters) - Jiangsu Yuyue Medical Equipment & Supply Co Ltd <002223.SZ>:Sees FY 2017 net profit to increase by 20 percent to 40 percent, or to be 600.3 million yuan to 700.4 million yuan.Says FY 2016 net profit was 500.3 million yuan .

K2M acquires FDA-cleared cervical static corpectomy cage

Monday, 23 Oct 2017 08:00am EDT

Oct 23 (Reuters) - K2M Group Holdings Inc ::K2M acquires world’s first & only FDA-cleared cervical static corpectomy cage.K2M Group Holdings Inc - ‍acquired from cardinal spine, a privately held medical device company, Palo Alto cervical static corpectomy cage system​.K2M Group Holdings Inc - ‍in addition to Palo Alto, K2M has also acquired associated intellectual property and product inventory​.

Jiangsu Yuyue Medical Equipment & Supply's 9-month net profit up 22.1 pct y/y

Friday, 20 Oct 2017 04:02am EDT

Oct 20 (Reuters) - Jiangsu Yuyue Medical Equipment & Supply Co Ltd <002223.SZ>:Says 9-month net profit up 22.1 percent y/y at 527.5 million yuan ($79.75 million).

Medigard says Don Channer retires as chairman​

Friday, 20 Oct 2017 02:15am EDT

Oct 20 (Reuters) - Medigard Ltd :‍Don Channer has retired as chairman​.Appoints ‍Chris Bishop as chairman​.

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