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Greatbatch purchases catheter firm

This article was originally published in The Gray Sheet

Executive Summary

Cardiac rhythm management device component maker Greatbatch buys single-use cardiology catheter maker Quan Emerteq for $55 million in cash under an agreement announced Oct. 30 and expected to close by mid-November. Quan Emerteq's product offerings include delivery catheters for use in coronary, peripheral and neurovascular applications; electrophysiology stimulation catheters; stimulation lead wires; and various micro components and accessories. Quan Emerteq has annual sales of $20-$24 million



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