Philips Increases Bet On Imaged-Guided Therapy With Volcano Buy
This article was originally published in The Gray Sheet
Executive Summary
The imaging giant's $1.2 billion acquisition of intravascular assessment specialist Volcano deepens Philips' play in hospital cath labs and, Philips' CEO says in an interview, provides a combination of technology and know-how to create new catheter-based therapies for high-growth disease markets.
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