Monday Moves in Medtech [1/28/13]: Samsung Continues to Grow Medical Business Through Acquisitions, Lantheus Medical Imaging Taps New CEO

In this week's news, Samsung gobbles up another imaging company and Lantheus Medical Imaging nabs a new CEO

Mergers and Acquisitions

Samsung Electronics America has continued the expansion of its medical imaging business by acquiring CT company NeuroLogica (Danvers, MA). Terms of the deal were not disclosed. 

Executive Moves

Jeffrey A. Bailey, former chief operating officer of Fougera Pharmaceuticals, has been tapped to become the new president and CEO of Lantheus Medical Imaging Inc. (North Billerica, MA), a maker of diagnostic imaging agents. Brian A. Markison, a member of the company's board of directors, has been elevated to chairman.

Funding

LipoScience's IPO will debut at $9 per share. The personalized diagnostics company plans to sell 5 million shares, raising $38.6 million.

Ocular Therapeutix (Bedford, MA) has raised $23.8 million in a Series D extension financing round.

Have news about a medtech move? E-mail us the details.

Jamie Hartford is MD+DI's managing editor.

 

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