Merit buys radiopaque technology from Lightek:
This article was originally published in Clinica
Manufacturer of disposable devices used in cardiology and radiology procedures Merit Medical Systems has purchased proprietary technology from Lightek for flexible radiopaque plastic laminate composition. Merit (South Jordan, Utah) will pay a maximum fee of $600,000 for intellectual property, expertise, processes and a current customer from Lightek. The fee will entail an ongoing royalty based on the achievement of certain milestones and future sales.