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MassMEDIC
Notes
Bedford, Massachusetts-based Insulet Corp. has joined
the ranks of publicly-traded medtech companies, raising $120 million in
its initial public offering on May 15. The company offered 7.7 million
shares, nearly a million more than originally targeted….TransMedics,
Inc. recently announced it has received IDE approval to initiate
the pilot phase of its multi-center clinical trial for its Organ Care
System™. The trial is designed to enroll 20 patients and will take
place at five leading transplant centers in the U.S., including the University
of Pittsburgh Medical Center, UCLA Medical Center, The Cleveland Clinic,
The University of Chicago Medical Center, and Brigham & Women’s
Hospital….Inverness Medical Innovations Inc. has
confirmed that it will acquire San Diego-based Biosite in a cash merger
transaction of $90 per share. Like Inverness, Biosite markets medical
diagnosis products
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