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Maxxim Medical adds gloves and electrosurgery products

This article was originally published in Clinica

Executive Summary

Two new purchases raise Maxxim Medical's medtech acquisitions so far this year to four. The Texas-based company has bought the Bovie line of electrosurgery products from Californian company MDT for $2.6 million in cash. The deal is expected to be completed at the end of August. MDT hopes that its subsidiary MDT Diagnostic will be able to concentrate on its patient handling, lighting and accessories business.

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