Butterfly Network $1.5B SPAC Merger Tops Medical Devices Deal Activity: Report

Butterfly Network

The value of the 10 biggest medical device sector deals, mostly falling in the US and Europe, topped $2 billion in November, with most of the value coming from the $1.5 billion Butterfly Network merger, Medical Device Network reports.

Butterfly Network, whose early investors include Baillie Gifford, the Bill and Melinda Gates Foundation, and Fosun Industrial, agreed to merge with Longview Acquisition in November. Read more.

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