3M to buy patient warming products maker Arizant for $810 million
3M Co is making it third acquisition in less than a month by proposing to buy Arizant, a maker of patient warming products to prevent hypothermia during surgery, for $810 million in cash. Its products include Bair Hugger therapy, the Bair Paws patient adjustable warming system, and the Ranger blood and fluid warming systems. Arizant products help maintain normal body temperature, known as normothermia which help prevent surgical site infections.
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Findings from recently held two studies reveal that adalimumab reduces the risk of hospitalization as well as major surgery in patients suffering from Crohn’s disease (CD). The year long phase 3 trial (named CHARM) found that adalimumab was effective in improving the condition of patients with Crohn’s disease. There was a reduction in hospitalizations by half. Moreover, majority of Crohn’s disease patients undergo surgery. The results of the trial showed surgeries related to CD were reduced by as much as 90% in patients receiving adalimumab as compared to those receiving placebo. This makes the drug a cost-effective solution to the disorder. The study received support in the form of industry grants from
Israeli company 