Life sciences briefing: Wednesday, Jan. 2, 2008
TODAY’S HEADLINES:
Israel’s Alma Lasers files for $86M IPO (Edgar)
Allscripts acquires hospital-management software co. ECIN for $90M (release)
AgaMatrix, glucose-sensor maker, raises $24M (PE Hub)
Israel’s Alma Lasers files for $86M IPO — Alma Lasers, an Israeli maker of lasers for cosmetic procedures, filed to raise $86.3 million in an initial offering. The company, based in Caesarea, calls its products “energy-based aesthetic treatment systems,” and sells them to dermatologists for hair removal and wrinkle treatment.
Alma markets its products… Continue Reading
Sweden’s Meda acquires specialty pharma MedPointe for $820M
Meda, a Swedish specialty-pharmaceutical company, agreed to acquire MedPointe, another specialty pharma in Somerset, N.J., for roughly $820 million in cash and stock. Meda’s release — and be careful, as it’s a little difficult to slog through even though it’s (ostensibly) written in English — is here (PDF). (One hint for the baffled: “MUSD” stands for “millions of U.S. dollars.”)
MedPointe was backed by several private-equity firms — the Carlyle Group, the Cypress Group and Ferrer… Continue Reading