Indian medtech firm buys US peripheral arterial disease company
This article was originally published in Clinica
Healthcare equipment exporter Opto Circuits has purchased Unetixs Vascular, a specialist in detection of peripheral arterial disease, for $9.7m. Unetixs (North Kingstown, Rhode Island) develops vascular diagnostic systems and accessories designed for use by vascular surgeons, cardiologists, primary care physicians, endocrinologists and podiatrists. Bangalore-based Opto said that the deal would be beneficial to its Criticare Systems business, which it purchased in 2008. Criticare, which is based in Waukesha, Milwaukee, is a manufacturer of patient monitoring systems and non-invasive sensors.