Monday Moves in Medtech [2/4/13]: Fortitude Group's First Medical Division Acquisition; Alliance HealthCare Services Heads for the NASDAQ

In this week's news, Fortitude Group adds to its medical division and Small Bone Innovations' founder gets a new gig. 

Mergers and Acquisitions

Fortitude Group Inc. (Erie, PA), whose portfolio include medical devices, has acquired Legacy Life Sciences, a maker of airwary management systems. The acquisition is the company first in its medical division.

Executive Moves

The founder and executive chairman of orthopedics company Small Bone Innovations (Morrisville, PA) will leave his post. Anthony G. Viscogliosi plans to return to merchant banking, but he will continue to sit on the company's boad of directors. 

Surgical robotics maker Medrobotics Corp. (Raynham, MA) has appointed Richard S. Wash, formerly of NeoTract, vice president of global sales. 

Peggy Welch, a former Indiana state representative and oncology nurse, has been named executive director of the Indiana Medical Device Manufacturers Council (Indianapolis).

Funding

Imaging company Alliance HealthCare Services Inc. (Newport Beach, CA) is moving its stock listing from the New York Stock Exchange to the NASDAQ on February 11. The company's ticker symbol will remain AIQ. CEO and chairman Larry C. Buckelew hopes the move will promote corporate visibility and trading liquidity, according to a press release. 

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

—Jamie Hartford is MD+DI's managing editor.