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

US Surgical takes up products option:

This article was originally published in Clinica

Executive Summary

United States Surgical is to exercise its option to buy American BioMed's stents, atherectomy catheters and toposcopic catheters plus related intellectual property rights. The price will be $12 million, in addition to the $2 million US Surgical paid for the 90-day option last month (see Clinica No 654, p 14). American BioMed will retain the catheter, heart assist pump, spinal dissector and other businesses owned by its CathLab subsidiary. The company has also stated that an unnamed third party, which originally indicated it would top the offer price, has pulled out negotiations.

Advertisement

Topics

Advertisement
UsernamePublicRestriction

Register

MT091949

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