FOR IMMEDIATE RELEASE
Sanford B. Steever, Editor
Steve Monroe, Editor
800-248-1668
203-846-6800
Fax: 203-846-8300
pressreleases@levinassociates.com
NORWALK, CT – February 14, 2011 – The medical device sector posted a total of 171 deals in 2010, according to Deal Search Online, the Irving Levin Associates M&A database. This total ranks fifth over the last decade. Based on revealed prices, a grand total of $41,657,590,000 was spent on medical device merger and acquisition transactions in 2010. This number represents a 201% increase from the prior year’s total.
Medical Device Mergers and Acquisitions, 2001-2010
Year
Dollars Committed
Number of Deals
2001
$10,407,475,000
120
2002
$6,235,301,000
175
2003
$14,463,967,000
166
2004
$21,310,257,000
133
2005
$42,138,020,000
140
2006
$53,268,054,000
150
2007
$58,219,046,000
194
2008
$69,305,608,000
167
2009
$13,826,284,000
175
2010
$41,657,590,000
171
Total
$330,831,602,000
1,591
The number of medical device M&A deals in 2010 was almost evenly spread across all four quarters: 41 deals in the first quarter, 44 deals in the second, 45 deals in the third and 41 deals in the fourth, according to Deal Search Online. The table below shows the five largest medical device M&A deals of 2010. Three of the top five medical device transactions occurred in the 4th quarter signaling that capital and confidence are returning to the market.
The Five Largest Medical Device Deals of 2010
Acquirer
Target
Value
Quarter
Novartis AG
Alcon, Inc. (Part II)
$12,900,000,000
Q4:10
Merck KGaA
Millipore Corp.
$7,200,000,000
Q1:10
Covidien Plc
Ev3, Inc.
$2,600,000,000
Q3:10
Thermo Fisher Scientific
Dionex Corp.
$2,100,000,000
Q4:10
Stryker Corp.
Neurovascular division
$1,500,000,000
Q4:10
For more information on DealSearchOnline.com or for a subscription to any Irving Levin publication, call 800-248-1668 or go to www.levinassociates.com. Irving Levin Associates, Inc. was established in 1948 and is based in Norwalk, CT. This privately held corporation publishes research reports and newsletters, and maintains health care and seniors housing M&A databases.
