AbbVie Enters Strategic Alliance with iSTAR Medical for MINIject with Option to Acquire

Bausch + Lomb Acquires Elios Vision

December 11, 2024

Medical Devices

Bausch + Lomb Corporation (through an affiliate) has acquired Elios Vision, Inc., developer of the ELIOS excimer-laser MIGS system, expanding Bausch + Lomb's glaucoma surgical capabilities and complementing its cataract surgery portfolio. The ELIOS technology, currently CE marked and marketed in the EU, is undergoing pursuit of FDA approval and will be commercialized more broadly through Bausch + Lomb's global cataract surgery channels.

Astellas Acquires IVERIC bio for Approximately $5.9 Billion

April 29, 2023

Biotechnology

Astellas Pharma has agreed to acquire 100% of IVERIC bio for $40.00 per share, implying an aggregate equity value of roughly $5.9 billion. The acquisition strengthens Astellas' ophthalmology capabilities and adds Iveric's lead program avacincaptad pegol (ACP) for geographic atrophy secondary to AMD to Astellas' pipeline.

Stryker Acquires Vertos Medical Inc.

August 22, 2024

Medical Devices

Stryker has entered into a definitive agreement to acquire Vertos Medical Inc., a privately held company that develops the minimally invasive Mild® procedure for treating lumbar spinal stenosis. The acquisition expands Stryker’s interventional pain management and minimally invasive treatment portfolio and extends its reach into ambulatory surgery centers; the transaction remains subject to customary closing conditions.

Alcon Acquires Ivantis, Inc.

January 10, 2022

Medical Devices

Alcon has completed its acquisition of Ivantis, Inc., the developer of the Hydrus Microstent, integrating Ivantis’ manufacturing and sales employees to expand Alcon’s global surgical ophthalmology portfolio. Alcon said it will leverage its global footprint to broaden Hydrus Microstent availability and continue clinical research, including pursuing stand‑alone surgery indications in the U.S.

Integrated Global Services Acquires AmStar

January 5, 2022

Industrial Services

Integrated Global Services, Inc. (IGS), a portfolio company of investment affiliates of J.F. Lehman & Company, has acquired GE Steam Power’s on-site thermal spray coatings technology, AmStar, including the patented AmStar 888 material. The acquisition expands IGS’s surface protection and corrosion/erosion-resistant coating capabilities to better serve power-generation and industrial customers across the U.S., Europe, South America and Asia.

STAR7 S.p.A. Acquires LocalEyes

December 13, 2021

Professional Services

Italian product-information specialist STAR7 S.p.A. has acquired LocalEyes, an Ireland-based translation and localization firm. The deal, facilitated by M&A advisor ITX, brings LocalEyes’ content-localization capabilities and 150 employees (12 European offices plus San Francisco) into STAR7’s global product-information services platform.