Healthcare

PE-backed CrossRoads acquires multiple assets from Surgical Frontiers

CrossRoads Extremity Systems, which is backed by HealthpointCapital, has acquired several tech assets from Logan, Utah-based Surgical Frontiers LLC, a developer of advanced surgical technologies.

CVS Health's Aetna weighs divestiture of workers's comp unit

Teasers have been distributed to a narrow group of potential bidders and an initial bid date is not certain

ClearLight exits Richardson

European investor Kartesia has purchased ClearLight-backed Richardson, a provider of tech-enabled, enterprise sales training solutions to the 'Global 1000', BusinessWeek's list of the world's thousand top companies by market capitalization.

Blackstone Life Sciences and Ferring Pharmaceuticals to invest $570 mln in new gene therapy firm

Blackstone Life Sciences and Ferring Pharmaceuticals will invest $570 million in FerGene, a new gene therapy company. According to terms of the joint venture, Blackstone will invest $400 million while Ferring will invest up to $170 million.

WindRose's Accuity Delivery Systems seeks buyer

Accuity Delivery Systems, the WindRose Health Investors-backed provider of outsourced revenue cycle management services to hospitals, is exploring a sale, according to four sources.

Biotech firm Heartseed lands about $26 mln Series B

Tokyo-based Heartseed Inc, a biotechnology company developing iPSC-derived cardiomyocytes for the treatment of heart failure, has raised about $26 million in Series B funding. The investors were SBI Investment, JMDC, Gene Techno Science, Nissay Capital, SMBC Capital and Astellas Venture Management LLC.

Sopris Capital backs Analytical Wizards

New Jersey-based Analytical Wizards, a healthcare analytics firm, has secured Series A funding from Sopris Capital. No financial terms were disclosed.

Rightway Healthcare rallies $20 mln Series B

Rightway Healthcare, a New York-based enterprise healthcare platform, has raised $20 million in Series B funding. Thrive Capital led the round.

Pelvic health startup EBT Medical nets Series A

Toronto-based EBT Medical, a pelvic health startup, has secured US$10 million in Series A funding. SV Health Investors and Genesys Capital led the round. The capital will be used for expansion, product development and general administrative purposes.