Surgical products company Ethicon Endo-Surgery, a division of Johnson & Johnson (NYSE:JNJ), is entering the medical device reprocessing and remanufacturing business with a planned acquisition of SterilMed.The price of the deal isn’t being disclosed, according to a statement from Cincinnati-based Ethicon.With the cost of healthcare in the U.S. continuing to skyrocket, medical device reprocessing could [...]

Medical device reprocessor SterilMed Inc. has been bought by two private equity firms for an undisclosed sum.The company’s new owners are Boston-based Great Hill Partners and Cleveland-based Primus Capital Funds, according to a statement from SterilMed.Maple Grove, Minnesota-based SterilMed reprocesses a vast array of single-use medical devices including guidewires, catheters, laser probes and chest retractors. [...]