FTC Release: FTC Challenges Medical Device Coatings Deal

Dow Jones

03-06

GTCR's acquisition of Surmodics will lead to increased concentration in a critical medical device coating market, harming patients, medical device manufacturers, the FTC alleges

The Federal Trade Commission today sued to block GTCR BC Holdings, LLC's (GTCR) acquisition of Surmodics, Inc. (Surmodics), alleging that the deal, which seeks to combine the two largest manufacturers of critical medical device coatings, is anticompetitive.

View Press Release: https://www.ftc.gov/news-events/news/press-releases/2025/03/ftc-challenges-medical-device-coatings-deal

(END) Dow Jones Newswires

March 06, 2025 15:56 ET (20:56 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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(Surmodics), alleging that the deal, which seeks to combine the two largest manufacturers of critical medical device coatings, is anticompetitive. \n\n\n  View Press Release: https://www.ftc.gov/news-events/news/press-releases/2025/03/ftc-challenges-medical-device-coatings-deal \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 06, 2025 15:56 ET (20:56 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":1}}}

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