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Edwards buys CardiAQ for $350mm up front and a potential $50mm earn-out

Executive Summary

Edwards Lifesciences Corp. paid $350mm in cash to acquire fellow Irvine, CA-based device firm, privately held CardiAQ Valve Technologies Inc. The transaction also includes a $50mm payment once a European regulatory milestone is achieved.
Deal Industry
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash
    • Includes Earnout

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