Medtech Insight is part of the Business Intelligence Division 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

Sparta moves to acquire Orion's operating assets:

This article was originally published in Clinica

Executive Summary

Sparta Surgical has signed a non-binding letter of intent to acquire the operating assets of the privately-held company, Orion. Several conditions, including approval by Sparta's board of directors, must be met before the acquisition is complete, probably toward the end of December. The purchase price - for Orion Life Systems and its subsidiary, Orion Medical - will be about $3 million. Orion manufactures disposable products for urological, respiratory and IV therapy applications as well as undertaking contract manufacturing. The company had sales of $5.5 million in 1995.

Advertisement

Topics

Advertisement
UsernamePublicRestriction

Register

MT089448

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