In Brief: PolyMedica Industries
This article was originally published in The Gray Sheet
Executive Summary
PolyMedica Industries: Inks letter of intent to acquire the assets of Liberty Medical Supply for cash and notes valued at about $9 mil. Privately-held Liberty, which distributes diabetes testing supplies and medical products, expects sales of over $13 mil. in 1996. The acquisition would provide Woburn, Massachusetts-based wound dressings firm PolyMedica "the opportunity for rapid expansion into the large and receptive diabetic market," PolyMedica says...