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Ethicon has acquired Torax Medical, which manufactures and markets the LINX Reflux Management System for treating gastro-esophageal reflux disease. The device is based on magnetic sphincter augmentation (MSA) technology and the procedure is currently available in the U.S. and European medical centers.

BioLineRx Ltd. has acquired Agalimmune Ltd., a private UK-based company with an innovative, anti-cancer immunotherapy platform. Agalimmune’s lead compound is AGI-134, a synthetic alpha-Gal immunotherapy in development for solid tumors. AGI-134 works by harnessing the body’s pre-existing, anti-alpha-Gal antibodies to induce a systemic, specific anti-tumor response to the patient’s own tumor neo-antigens.

Hologic has completed the acquisition of Cynosure, Inc., a medical aesthetics systems and technologies firm, for $66 per share in cash. Hologic says that acquiring the company, combined with divesting its blood screening business, reshapes its business portfolio and makes it a faster growing company.

 

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