10 of the Most Controversial Deals in Medtech

Some companies were able to overcome the odds despite controversy and close on the acquisitions. Others weren’t as fortunate, and the mergers folded. MD+DI has compiled a list of some of the most controversial deals the industry has ever seen.

Omar Ford

July 16, 2021

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Some companies were able to overcome the odds despite controversy and close on the acquisitions. Others weren’t as fortunate, and the mergers folded. MD+DI has compiled a list of some of the most controversial deals the medtech industry has ever seen.

Earlier this week, it was announced the Delaware Court of Chancery ruled that Hillrom must proceed with its $375 million acquisition of Bardy Diagnostics. Chicago, IL-based Hillrom wanted to back out of the deal because it claimed Medicare rate cuts for long-term cardiac monitoring constituted a material adverse event in the acquisition agreement. Hillrom said it plans to appeal the decision. It still remains to be seen if the deal will go through.

It’s not the first time a medtech deal has been in jeopardy. MD+DI has compiled a list of 10 mergers and acquisitions that have faced controversy and, in some cases, insurmountable odds. We should note, not all of the deals closed and some came to a screeching halt.

About the Author

Omar Ford

Omar Ford is a veteran reporter in the field of medical technology and healthcare journalism. As Editor-in-Chief of MD+DI (Medical Device and Diagnostics Industry), a leading publication in the industry, Ford has established himself as an authoritative voice and a trusted source of information.

Ford, who has a bachelor's degree in print journalism from the University of South Carolina, has dedicated his career to reporting on the latest advancements and trends in the medical device and diagnostic sector.

During his tenure at MD+DI, Ford has covered a wide range of topics, including emerging medical technologies, regulatory developments, market trends, and the rise of artificial intelligence. He has interviewed influential leaders and key opinion leaders in the field, providing readers with valuable perspectives and expert analysis.

 

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