Johnson & Johnson MedTech acquired Laminar, a Santa Rosa, California-based medical device company, for $400M.

The upfront payment is subject to customary adjustments, with additional potential clinical and regulatory milestone payments in 2024 and beyond.

Laminar joins  Johnson & Johnson MedTech as part of Biosense Webster, Inc. – a global leader in cardiac arrhythmia treatment.

Led by Randy Lashinski, President and CEO, Laminar is a medical device company focused on eliminating the left atrial appendage (LAA) in patients with non-valvular atrial fibrillation (AFib), which is an approved therapy for reducing the risk of thromboembolism in atrial fibrillation patients who are recommended for chronic oral anticoagulation therapy but have an appropriate rationale to seek a non-pharmacologic alternative to chronic oral anticoagulants. This is particularly important for the nearly 40% of AFib patients who cannot tolerate long-term blood thinners. Laminar recently received FDA approval for the U.S. pivotal study, which will begin enrollment in early 2024.

Led by Jasmina Brooks, President, Biosense Webster specializes in the science and technology behind the diagnosis and treatment of cardiac arrhythmias. Part of Johnson & JohnsonMedTech, the medical-technology company is headquartered in Irvine, California, and works to advance the tools and solutions that help electrophysiologists identify, treat, and deliver care.

Johnson & Johnson MedTech acquired Laminar, a Santa Rosa, California-based medical device company, for $400M. Best wishes to everyone in the group. This will be a huge accomplishment for them in the future.

Shishir Gupta, The Founder & CEO of StartupLanes

About us: StartupLanes is an ecosystem for Startups and Investors. Collaborate or find a co-founder, it’s a platform for Entrepreneurs. We love startups! A place for Angel Investors and Venture Capitalists to find investing opportunities in startups. Validate your idea, Learn & Execute.

Startups looking for funding may apply through StartupLanes Funding Application.

Angel Investors Register Free to explore exciting startup investment opportunities.