ISRAEL > US based Edwards Lifesciences Acquires Valtech Cardio for $340Mn

Edwards_Lifesciences_logo USA based Edwards Lifesciences acquires Israel based Valtech Cardio, a company that develops Cardioband System for transcatheter repair of the mitral and tricuspid valves, for $340Mn. The deal has some pre-specified milestones which if met over 10 year time will help Valtech Cardio gain further $350MN. So, the deal could go as high as $690Mn in total.   About Valtech More …

ISRAEL > Chinese Pharmaceuticals company-Yiling to Invest $20 Million in HealthWatch

Untitled China based Yiling Pharmaceuticals¬†to invest $20Mn on Israel based medical grade smart clothing company- HealthWatch. Out of $20Mn Yiling Pharmaceuticals will use $15Mn to hold 23% share in HealthWatch and $5Mn for gaining Chinese distribution rights.HealthWatch was successful to achieve the first ever CE/FDA-approval for medical device garment that continuously monitors ECG and wider vital signs with much more precision. More …