In Brief: Ballard Medical Products
This article was originally published in The Gray Sheet
Executive Summary
Ballard Medical Products: Acquires 19.5% "preferred equity interest" in Neuro Navigation for $2.5 mil. The deal includes a two-year option to acquire all of the assets of NNC, which manufactures disposable micro endoscopes for minimally invasive brain surgery and fiberoptic imaging products. The purchase offers "the potential for Ballard to be a market leader in the rapidly growing minimally invasive segments of neuro surgery and vascular surgery," the firm states...