Medtech Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Applied Biometrics floats subsidiary Cardia:

This article was originally published in Clinica

Executive Summary

Applied Biometrics is floating its wholly-owned Cardia subsidiary to its shareholders. The Minneapolis-based company is issuing one share of Cardia to those that hold 11.563 Applied shares with a further rights offering to shareholders. Following the distribution, Cardia, whose technologies include catheter introduced cardiac closure devices for use in minimally-invasive cardiac surgery, will become an independent publicly-owned company. The move is designed to allow Cardia to raise its own funds and develop its transcatheter devices.

You may also be interested in...



Infographic: 20 Years Of Mega-Deals

The biopharma sector is often accused of a being a slow-moving engine, but a look back over the last 20 years reveals that a lot has changed. In Vivo explores the history of high-impact M&A transactions in the industry between 1999 and 2019. 

Belgians To Tackle High Benzodiazepine Use

The Belgian authorities are taking steps to reduce the consumption of benzodiazepine-containing medicines, and have also reiterated the risks associated with the increasing use of opioid medications. 

AdvaMed CEO Discusses 2020 Priorities

Following closely on the heels of a medical device tax repeal win, AdvaMed CEO Scott Whitaker sat down to discuss how the industry advocacy group ended the Obamacare excise tax and what it has in store for 2020.

Topics

UsernamePublicRestriction

Register

MT082851

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel