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Furon to acquire Medex:

This article was originally published in Clinica

Executive Summary

Furon, a manufacturer of polymer components, is offering $23.50 for Medex shares in an acquisition that will cost Furon $160 million cash. Medex makes polymer based, critical-care products and, says Furon's chief executive Michael Hagan, the deal will put Furon in direct contact with purchasers of health care products.

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