GTCR’s acquisition of Surmodics will lead to increased concentration in a critical medical device coating market, harming patients, medical device manufacturers, the FTC alleges
The Federal Trade Commission today sued to block GTCR BC Holdings, LLC’s (GTCR) acquisition of Surmodics, Inc. (Surmodics), alleging that the deal, which seeks to combine the two largest manufacturers of critical medical device coatings, is anticompetitive.