Patterson Cos. Inc.
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Three large dental supply companies are fighting the US Federal Trade Commission antitrust allegations in an administrative trial this month. Meanwhile, Arizona’s attorney general has brought related antitrust and consumer fraud claims against one of the companies involved.
The US Federal Trade Commission has filed an antitrust complaint against the three largest US-based dental supply companies. The government alleges that the companies conspired to refuse to offer collective discounts to dental provider groups. The companies issued strong denials.
$1.4 billion in Q3 device financing was slightly lower than Q2's $1.8 billion with just one IPO versus Q2's seven. Acquisitions reached a high of $23 billion and diagnostics financing increased 30% over Q2 to $1 billion, while M&A activity at $1.2 billion showed a sharp decline from the previous quarter's $15.6 billion.
Derived from Strategic Transactions, Informa’s premium source for tracking life sciences deal activity, the Medical Device Deals Update column is a survey of recent medtech M&A, alliance, and financing activity. This month’s column covers deals announced June-July 2015.
- Consumables, Central Supplies
- Rehabilitation Equipment and Devices