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GTCR and Gregory Lucier Form Corza Medical

GTCR and Gregory Lucier Form Corza Medical Private equity firm Surgical Specialties Corp. and the TachoSil Fibrin Sealant Patch to create a new company called Corza Medical. Surgical Specialties is a medical technology company focused on surgical sutures and ophthalmic knives. TachoSil, previously owned by Takeda Pharmaceutical Co. Ltd., is a surgical patch product line used to enable bleeding control during surgeries. The company will be led by executive chairman Gregory Lucier and CEO  Dan Croteau, with a global team of over 1,700 employees supporting clinicians, distributors and medical device companies. Corza Medical will provide healthcare professionals a platform of surgical technologies with brands including

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ZQ Capital Sells Surgical Specialties for About $800 Million

ZQ Capital Sells Surgical Specialties for About $800 Million Bloomberg 2/1/2021 © Bloomberg Surgical tools are seen on display in Germany. (Bloomberg) China-focused private equity firm ZQ Capital sold a U.S. medical device manufacturer to buyout firm GTCR for about $800 million including debt, people familiar with the matter said. A consortium led by ZQ Capital, founded by a pair of former Barclays Plc and JPMorgan Chase & Co. bankers, and Vivo Capital sold Surgical Specialties Corp., according to a release on Monday, which didn’t give the transaction value. A representative for ZQ Capital declined to comment on the value. A spokesperson for GTCR didn’t respond to a request for comment.

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Charlesbank Buys Stake in MB2 Dental from Sentinel

Charlesbank Buys Stake in MB2 Dental from Sentinel Charlesbank Capital Partners, a middle-market private investment firm, announced that an affiliated fund has made a significant growth investment in MB2 Dental, acquiring a majority interest from funds affiliated with Sentinel Capital Partners and management. Founded in 2007, MB2 Dental is a dental partnership organization with affiliated practices across 24 states. The remaining stake in MB2 is held by CEO and founder, Dr. Chris Steven Villanueva, management and its doctor owners, who reinvested a substantial percentage of their equity. Brandon White, managing director at Charlesbank, says, “We see significant M&A opportunity in the fragmented dental services market, and we believe that our investment will enable MB2 to accelerate its proven acquisition strategy as well as continue to develop its suite of shared services to support value creation.”

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Preoperative Frailty Predicts Adverse Short-Term Postoperative Outcomes in Patients Treated with Radical Prostatectomy

Published 19 January 2021 Background - To investigate the effect of frailty on short-term postoperative outcomes in patients with prostate cancer treated with radical prostatectomy (RP). Methods - Within the National Inpatient Sample database, we identified 91,618 RP patients treated between 2008 and 2015. The Johns Hopkins Adjusted Clinical Groups frailty-defining indicator was applied, and we examined the rates of frailty over time, as well as its effect on overall complications, major complications, nonhome-based discharge, length of stay (LOS), and total hospital charges (THCs). Time trends and multivariable logistic, Poisson and linear regression models were applied. Results - Overall, 12,185 (13.3%) patients were frail. Rates of frail patients increased over time (from 10.3 to 18.2%; p 0.001). Frail patients had higher rates of overall complications (16.6 vs. 8.6%), major complications (4.9 vs. 2.6%), nonhome-based discharge (5.9 vs. 5%), longer LOS (2 vs. 1), and higher

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Surgical Scalpel Market - Global Industry Analysis by Size, Share, Growth, Trends and Forecast 2021

Surgical Scalpel Market - Global Industry Analysis by Size, Share, Growth, Trends and Forecast 2021
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