The Top 10 Healthcare M&A Deals of 2022

In this article, we will highlight examples of successful mergers and acquisitions in the healthcare industry. In addition, we will discuss the use of virtual data rooms, the most advanced technology for secure and efficient transactions. Given its ubiquity, it is easy to find examples that demonstrate how virtual data rooms provide exceptional options for complex business transactions, not just mergers and acquisitions.

The High Profile Deals of 2022

We present the top 10 high-profile mergers and acquisitions of 2022 in the healthcare industry:

1. Johnson & Johnson acquired Abiomed for $16.6 billion at a price of $380 per share, 51% more than Abiomed’s last closing stock price. Abiomed will function as a standalone company under J&J’s medical devices division, which is expected to complement the company’s Biosense Webster electrophysiology business.
2. Stryker acquired Vocera Communications for $3.09 billion. The software provided by Vocera Communications is used by hospitals to improve communication and workflow. This acquisition is an example of how medical device companies search for software assets to buy. Although the acquisition is outside of Stryker’s core competencies, the company is apparently satisfied with the integration process.
3. Thermo Fisher acquired The Binding Site, a UK diagnostics firm, for $2.6 billion, expanding its specialty diagnostics portfolio. The Binding Site makes two blood tests for multiple myeloma, which will complement Thermo Fisher’s current offerings, including COVID-19 testing. The transaction is expected to close in the first quarter of 2023, according to M&A insights.
4. The $1.53 billion purchase of Parata Systems by BD in July was an acquisition with a software focus. The Pyxis range of drug dispensers from BD will complement Parata’s software for automating pharmacies. The acquisition helped BD’s medical sector sales grow by 5.8% in the fourth fiscal quarter, enabling the business to reach its target of a 25% operating margin by 2025.
5. Natus Medical was purchased by the French investment company ArchiMed for $1.2 billion, or $33.50 per share, representing a 29% premium above Natus’ share price previous to the transaction. With sales in more than 100 nations, Natus manufactures equipment for neurological screening, diagnosis, and treatment, including EEG systems, intracranial pressure monitors, electromyography equipment, and hearing tests.
6. Sound United was purchased by Masimo in April for $1.03 billion. While Sound United manages consumer-facing audio brands, Masimo manufactures medical equipment for pulse oximetry and patient monitoring. The acquisition is intended to boost consumer product releases. With Sound United’s production capabilities and marketing networks, Masimo will be able to market and sell additional personal monitoring devices in the healthcare M&A. Leadership changes have taken place at the merged firm, including the firing of Sound United CEO Kevin Duffy and the appointment of Blair Tripodi, a former chief commercial officer, to COO of Masimo’s consumer business. Over the last year, shares of Masimo have decreased by nearly 49%.
7. For $976 million, ResMed purchased the German software company MediFox to complement its MatrixCare and Brightree brands and to help it grow its software business outside of the United States. Healthcare providers outside of hospitals utilize MediFox software for care management, invoicing, and documentation. In November, ResMed announced that it would retain all of MediFox’s personnel, facilities, and operational procedures, and Bobby Ghoshal, president of ResMed’s SaaS division, would continue to lead the firm.
8. In August, Medtronic paid $925 million to purchase Affera, gaining access to its cardiac mapping and ablation technology. After fulfilling certain requirements, a $250 million reward is included in the acquisition. Geoff Martha, CEO of Medtronic, stated that the purchase will improve the company’s ability to compete in the market and provide them with a more complete electrophysiological ablation portfolio. Although it has not yet received FDA approval, Affera’s technology would be Medtronic’s first mapping and navigation system and is intended to treat atrial fibrillation.
9. For $875 million, CooperCompanies agreed to purchase Cook Medical’s reproductive health division, which includes obstetrics, gynecology, and in-vitro fertilization products (IVF). The first IVF needle was created by Cook Medical. At closing and over the next four years, CooperCompanies will pay a total of $675 million. Regulator permission is still pending.
10. To enter the endobariatric industry, Boston Scientific purchased Apollo Endosurgery for $615 million. The company specializes in endoluminal surgical devices used in minimally invasive treatments carried out using an endoscope through the gastrointestinal system. Apollo is located in Austin, Texas, and is valued at $10 per share under the agreement, with an anticipated revenue for 2022 about equal to the acquisition cost.

These deals have garnered global attention due to their interesting nature.

Why VDR is used in every M&A case

Virtual data rooms are now used in all mergers and acquisitions cases, surprising because until recently, traditional methods were exclusively used for this type of transaction. Once virtual data rooms became popular and ubiquitous, even the largest companies started using them. Virtual data rooms offer the following advantages for this type of transaction:

• Virtual data rooms offer exceptional security backed by various certificates and licenses from state and independent regulators. They undergo rigorous checks to ensure their ability to withstand attacks from intruders, providing users with peace of mind. The virtual data room’s certifications and regulations can be easily verified by contacting the developer’s representative or checking their website.
• Working with a virtual data room M&A transactions brings numerous benefits beyond exceptional security. The automation feature, one of the most popular and valuable features of a virtual data room, offers significant time-saving advantages to businesses. With the help of artificial intelligence and other technologies, virtual data rooms can automate most of the time-consuming and mundane tasks associated with organizing files and documents. 
• In virtual data rooms, managing documents and assigning roles is crucial for ensuring security during business transactions. Setting up internal security protocols is a critical aspect of keeping all information confidential and safeguarded from any unauthorized access. With the help of a virtual data room, all actions are tracked and recorded, and any irregular activity can be detected and proved in court. This feature ensures transparency and accountability among all parties involved in the transaction.

Conclusion

Modern technology exclusively affects our lives and our work. It will absolutely optimize and automate any business process that comes its way. This greatly improves the quality of life and the conduct of business transactions, which increases revenue and reduces time. 

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