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MEDEX ADDING MATERIALS TECHNOLOGY, R&D CAPABILITY THROUGH FURON MERGER;$160 MIL. DEAL WOULD EXPAND FURON MEDICAL SALES BY NEARLY TEN-FOLD

This article was originally published in The Gray Sheet

Executive Summary

Medex' merger with plastic and silicone rubber component manufacturer Furon Company would give the firm additional materials technology and expanded R&D capability to aid product development, Medex says. The two companies announced Nov. 13 a definitive agreement to merge in a cash transaction.
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