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Genzyme Biosurgery

Division of Sanofi
www.genzymebiosurgery.com

Latest From Genzyme Biosurgery

Device/Diagnostics Quarterly Deal Statistics, Q1 2012

Medical device companies raised $1.1 billion, a 40% increase over Q4 2011’s $800 million. Two billion-dollar deals in the resuscitation market boosted device acquisition activity to $4.2 billion. Twenty diagnostics financings brought in a collective $302 million, soaring above the previous quarter’s $269 million. There were seven diagnostics M&A deals completed, totaling $589 million – down yet again.

Medical Device Deals

Deals Shaping The Medical Industry, April 2012

The Dealmaking column is a survey of recent transactions, including strategic alliances, mergers & acquisitions, and financings, in the life sciences industries. Deals are listed by the following industry sectors: in vitro diagnostics, pharmaceuticals, medical devices, and research/analytical instrumentation and reagents. All transactions are excerpted from Elsevier's Strategic Transactions database, providing comprehensive transaction coverage from 1991 to the present.

BioPharmaceutical Medical Device

Carticept Medical Inc.

Carticept Medical Inc. is working to become the first company with a synthetic cartilage replacement device for use in the earlier stages of knee OA that allows immediate weight bearing, with future applications in the hand and foot. The company also is awaiting 510(k) clearance for its Navigator all-in-one orthopedic injection system combined with ultrasound guidance.

Cartilage Repair: The Next Wave in Orthopedics

The musculoskeletal sector continues to be bogged down by the economic downturn, and particularly hard hit is the industry’s largest segment: the $13 billion total joint market. Companies are now scouting out the next technology wave in orthopedics, and the record attendance at the recent International Cartilage Repair Society meeting may be one indication of where the action will be for some time to come.
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