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Philips Keeps The Pace With More Portfolio Shuffling

Executive Summary

Philips continues its product-portfolio restructure with the acquisition of CardioProlific, a developer of catheter-based thrombectomy devices, and the divestiture of its Sonalleve MR-HIFU business to Profound Medical. The transactions were announced the same week Philips cut a $2bn deal for Spectranetics.

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