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Angiotech to acquire Cohesion Technologies for $42 million

This article was originally published in Clinica

Executive Summary

Angiotech Pharmaceuticals (Vancouver, Canada) is to acquire the California-based biosurgical materials company, Cohesion Technologies, in an all-stock transaction valued at about $42m. The deal, scheduled for completion in the first quarter of 2003, will provide Angiotech with an entry into the $1.5bn biosurgical materials market.

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