American Medical Systems expands urology product line with TherMatrx acquisition
This article was originally published in Clinica
American Medical Systems (AMS) has agreed to acquire TherMatrx for a cash sum of $40m on completion of the transaction as well as a series of milestone payments. These payments will be equivalent to four times the revenues generated by sales of TherMatrx' products over a period of six consecutive AMS fiscal quarters. The maximum amount of the purchase price is $250m.