Deals In Depth: August 2013
Executive Summary
Medtronic sold its Pioneer Plus diagnostic ultrasound transducer and percutaneous catheter to Volcano for $15 million; boosting its position in generic ophthalmics, Akorn acquired Hi-Tech Pharmacal for $591 million. Biopharma and device financing each decreased in August compared with the previous month, with both segments at six-month lows.