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Horizon Medical Products

This article was originally published in The Gray Sheet

Executive Summary

Acquires the human vascular access business of Norfolk Medical for $9.3 mil. in cash, the company announces June 2. Horizon, which went public in April, notes that the acquisition "allows us to broaden our exposure within group purchasing organizations with agreements in place for Columbia/HCA Healthcare Corporation and Health Service Corporation of America." HMP will continue to produce the products in Norfolk's Skokie, Illinois facility for the time being but eventually will transfer manufacturing to HMP's Manchester, Georgia facility...



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