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Teleflex buys Hotspur, unloads OEM ortho unit. Life Technologies snaps up Navigenics. Accuray acquires Morphormics. More news briefs.

Surgical and critical care device maker Teleflex Inc. gains catheters for dialysis access and peripheral angioplasty through its purchase of Hotspur Technologies for $15 million, plus potential milestone payments, the firm announced July 18. The acquisition of privately held Hotspur and its portfolio of 510(k)-cleared catheters “broadens and strengthens” Teleflex’ existing offerings addressing the $1 billion worldwide market opportunity for dialysis access and peripheral angioplasty devices, Teleflex said. The deal also “is consistent with the company’s strategy to invest in late-stage, innovative technology.”

Teleflex simultaneously announced the divestiture of its OEM Orthopedics unit to contract manufacturing firm Tecomet for $45.2 million. The unit, which generated sales of $36 million in 2011, develops devices...

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