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Mediziv to look after Vital Signs' European operations

This article was originally published in Clinica

Executive Summary

US disposables manufacturer Vital Signs has paid $2.2 million cash for 85% of an Israeli producer of epidural and spinal anaesthesia products among other disposables. Closely-held Mediziv Medical Products had sales of $2.4 million in 1994 and pre-tax profits of $301,000. From August, Vital Signs will transfer responsibility for assembly and logistics of its European operations from its German subsidiary to Mediziv.

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