Notable litigation filed during November 2023 includes: (1) BB & MB WDF, LLC v. Seare, et al.; (2) Day v. Heppner, et al.; (3) Scura v. Heppner, et al.; and (4) Commodity Futures Trading Comm’n v. Young, et al.
Healthcare & Life Sciences Private Equity Deal Tracker: H.I.G. to Acquire ZimVie’s Spine Business for $375 Million
H.I.G. Capital has agreed to acquire the spine business of ZimVie (Nasdaq: ZIMV) for $375 million, according to a news release.
H.I.G. will acquire Zimvie’s spine, motion preservation and EBI bone healing technologies.
ZimVie was formed less than two years ago when Zimmer Biomet spun out its dental and spine segments. Following the sale, ZimVie
Growth of Private Equity Investment in Orthopedics, With Scott Davis of Provident Healthcare Partners
Although investment in the orthopedic sector is not new, private equity investment interest in this specialty area continues to grow. In fact, orthopedics has become one of the leading sectors for private equity investing, just behind cardiology.
In this episode of The Corner Series, McGuireWoods partner Geoff Cockrell speaks with Scott Davis, managing
Healthcare & Life Sciences Private Equity Deal Tracker: Windjammer Acquires Bio X Cell
Windjammer Capital has announced it has acquired Bio X Cell (BXC).
BXC, founded in 1997 and based in Lebanon, N.H., is a producer of monoclonal antibodies for use in both in vivo and in vitro pre-clinical research applications.
Windjammer, based in Newport Beach, Calif., and Waltham, Mass., is a private equity firm focused
Life Sciences Companies Face Continuing Compliance Challenges in Developing Value-Based and Value-Added Models
The U.S. Department of Health and Human Services Office of Inspector General recently issued Advisory Opinion 23-08, continuing its long-held position that the provision of value-added items and services implicates fraud and abuse laws, including the Federal Anti-Kickback Statute and the Beneficiary Inducement Civil Monetary Penalty law.
Read on to learn how manufacturers, distributors, and
Healthcare & Life Sciences Private Equity Deal Tracker: Accel-KKR Invests in Ntracts
Accel-KKR has announced it has invested in Ntracts.
Ntracts, founded in 2007 and based in Chattanooga, Tenn., is a provider of contract lifecycle management solutions for healthcare organizations.
Accel-KKR, based in Menlo Park, Calif., is a technology-focused investment firm. The firm pursues middle-market companies and provides a broad range of capital solutions, including
NewSpring Closes Healthcare Fund With More Than $180 Million
NewSpring has announced it has closed its latest fund with more than $180 million in commitments.
The fund, NewSpring Health Capital IV (NSH IV), was oversubscribed.
NSH IV made six investments prior to the final close: AeroSafe Global, BetterNight, Healthworks, Patheous Health, Prosperity Behavior Health and Verisma.
NewSpring, based in Radnor, Pa., is a
Healthcare & Life Sciences Private Equity Deal Tracker: Pharos Acquires RhythMedix
Pharos Capital Group has announced it has acquired a majority stake in RhythMedix.
RhythMedix, founded in 2013 and based in Mt. Laurel, N.J., is a manufacturer and provider of remote cardiac monitoring systems and related services.
Pharos, with offices in Dallas and Nashville, pursues control equity and mezzanine investments in lower and middle
Healthcare & Life Sciences Private Equity Deal Tracker: RoundTable Sells TIDI Products to TJC
RoundTable Healthcare Partners has announced it has sold TIDI Products to TJC.
TIDI, founded in 1969 and based in Neenah, Wisconsin, is a manufacturer, marketer and distributor of a portfolio of medical products. The company is best known for its falls prevention and patient safety products.
RoundTable, based in Lake Forest, Ill., is
Changes Coming to Rules for Handling Children’s Data
On Dec. 20, 2023, the Federal Trade Commission announced its intent to file a notice of proposed rulemaking related to the Children’s Online Privacy Protection Rule — the first proposed changes to the rule in 10 years.
What are some of the key proposed changes?
- Separate Opt-In for Targeted Advertising. Covered service operators are required