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Steris gets FDA nod to update replacement for troubled System 1 sterilizers
Steris Corp. (NYSE:STE) landed special 510(k) clearance to modify its System 1E sterilizers, the replacement systems for the troubled System 1 devices that were the center of a 2-year row with the...
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Intuitive Surgical’s da Vinci surgical bot back online in Denmark
Hospitals in Denmark lifted a hiatus on use of Intuitive Surgical‘s (NSDQ:ISRG) da Vinci robot surgery system after an external investigation resolved sterilization concerns, according to the Danish...
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J&J’s Ethicon pays $1.3M FDA settlement over mislabeled products
Johnson & Johnson (NYSE:JNJ) subsidiary Ethicon Endo-Surgery and some of its top brass will pay $1.25 million to settle claims that its Advanced Sterilization Products division mis-labeled its...
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Cantel boosts sterility business with Sterilator acquisition
Cantel Medical (NYSE:CMN) acquired Sterilator Co. for an undisclosed sum through its Crosstex subsidiary, the companies announced this month. Sterilator manufactures biological indicators and supplies...
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Steris to lay off 150, close Ohio plant
Steris (NYSE:STE) said it plans to close down a plant in its Mentor, Ohio, base and lay off about 150 workers worldwide. The layoffs represent a 2.5% cut to the workforce at Steris, which employed...
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Sterigenics to put $727M into Nordion buyout
Nordion (NYSE:NDZ) said it agreed to a $11.75-per-share buyout offer from private equity-backed Sterigenics. The $727 million valuation represents a 12% premium on Nordion’s closing price March 27,...
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Steris offers $165M for Integrated Medical Systems
Steris (NYSE:STE) announced this week plans to acquire Integrated Medical Systems in a deal worth up to $175 million. Steris will pay $165 million to acquire the instrument services company, plus...
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FDA warns Steris Isomedix on QA, data manipulation issues
Steris’s (NYSE:STE) Isomedix division is in the FDA’s hotseat after inspectors turned up incidents in which employees faked data on testing for medical devices. The FDA this week unveiled a warning...
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Cantel Medical to pay $27M for endoscope reprocessor PuriCore
Cantel Medical (NYSE:CMN) said it agreed to put up $26.9 million in cash to acquire PuriCore International, a British endoscope reprocessing company. The move is a bid to expand Cantel’s footprint in...
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Sterigenics wraps up Nordion acquisition for $826M
Nordion‘s stock came off the Toronto Stock Exchange this week after Sterigenics put a ribbon on the $826 million acquisition. Sterigenics paid $13 in cash for each share of Nordion stock as agreed,...
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Steris to buy UK’s Synergy Health, tax savings eyed
(Reuters) – U.S. medical technology company Steris (NYSE:STE) offered to buy British sterilization services provider Synergy Health Plc for about $1.9 billion in cash and stock in a deal that would...
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Contract sterilization company Sterigenics up for sale: sources
(Reuters) – Sterigenics International, a provider of contract sterilization services to the medical device and food industries, is exploring a sale that could value it at as much as $1.5 billion,...
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EPA advisory panel’s ruling could disrupt medtech
A scientific advisory panel to the EPA is convening today to evalute the environmental watchdog’s determination that a common medical device sterilizer, ethylene oxide, is carcinogenic. If the panel...
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Appeals court upholds Steris-Medtrica win over Cygnus Medical
A federal appeals court today upheld a win for Steris (NYSE:STE) and Medtrica in a patent infringement lawsuit brought against them by Cygnus Medical. The U.S. Court of Appeals for the Federal Circuit...
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Steris, Synergy delay merger vote over FTC request
Steris (NYSE:STE) and Synergy Health postponed a shareholder vote on their proposed merger in order to comply with an information request from the U.S. Federal Trade Commission. The vote, which was...
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J&J revives sterilization conference
Johnson & Johnson (NYSE:JNJ) said today that it’s planning to revive the sterility assurance and sterilization conference it ran for 27 years before closing up shop in 2003. The move to reconvene...
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Warburg Pincus takes majority stake in Sterigenics
Private equity firm Warburg Pincus acquired a majority stake in contact sterilization provider Sterigenics International, according to GTCR, which bought the company in 2011. The deal values the...
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TSO3 launches US subsidiary
Canadian medical sterilization device company TSO3 said yesterday it is opening shop in the U.S. with a wholly owned subsidiary based in Myrtle Beach, S.C. The American subsidiary, named the TSO3...
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Judge lifts System 1 consent decree against Steris
Steris (NYSE:STE) said today that a federal judge lifted a 5-year-old consent decree covering its now-discontinued System 1 endoscope sterilization device. Mentor, Ohio-based Steris’s System 1 landed...
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Sterigenics buys Brazilian sterilization firm
Sterigenics said yesterday it purchased Brazilian sterilization firm Companhia Brasileira de Esterilização. The Latin American company is the largest sterilization and microbial load reduction firm in...
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