Public Medical Device Company
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Acquirer, executing first major deal since spinoff
Embecta, a diabetes device company Becton Dickinson spun off in 2022, announced its first major acquisition March 19: Owen Mumford, a 74-year-old British medical device maker, for up to £150 million. The deal adds Owen Mumford's Aidaptus auto-injector platform and shifts Embecta from insulin syringes into injectable drug delivery for obesity treatments, autoimmune therapies, and emergency anaphylaxis care.
Updated May 30
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