In a deal that marks its transformation to a pure-play radiopharmaceutical company, Neoprobe (NYSE Amex:NEOP) has completed the sale of its radiation detection business to Devicor Medical Products.The deal’s value could reach $50 million for Dublin, Ohio-based Neoprobe — $30 million up front and $20 million in royalties if Devicor’s sales of the acquired products [...]

Mammotome, the new name for the former the breast-care business of Johnson & Johnson’s Ethicon Endo-Surgery, has hired a number of senior executives as the company rounds out its leadership team.

Corrected 8:39 a.m., Aug. 4, 2010The private equity firm behind the recent acquisition of the Ethicon Endo-Surgery breast care unit near Cincinnati, Ohio, is on its way to raising a $3 billion fund.var page_count = “off”; if (typeof OAS_rdl == “undefined”) {document.write(“”); page_count = “on”;}var [...]

Devicor Medical Products Group LLC, the medical device holding company that bought the breast-care business of Johnson & Johnson‘s Ethicon Endo-Surgery two weeks ago, has raised $151.5 million.Devicor Medical in Pleasant Prairie, Wisconsin raised the money from seven investors, beginning on July 9, according to a Securities and Exchange Commission (SEC) filing. Nearly $3.4 million [...]

Devicor Medical Products Inc., the Pleasant Valley, Wisconsin, fledgling holding company backed by Chicago private equity firm GTCR Golder Rauner LLC, has made its first acquisition: the breast care business of Johnson & Johnson’s Ethicon Endo-Surgery unit near Cincinnati, Ohio.Financial terms of the deal were not disclosed.But nearly 300 Ethicon Endo-Surgery employees who are connected [...]