Ambu strengthens European presence with Medicotest
This article was originally published in Clinica
Ambu, which manufactures hospital equipment, is to pay DKr190 million ($24 million) in cash and shares to buy fellow Danish company Medicotest, Europe's leading supplier of disposable electrodes for ECG, neurology and defibrillation applications. Medicotest founder Jan Rasmussen, who holds the absolute majority of shares in the company, will receive DKr117 million in cash. Mr Rasmussen is expected to take a seat on the board.
You may also be interested in...
Personal care and cosmetic product trademark filings compiled from the Official Gazette of the US Patent and Trademark Office, Class 3.
The company will determine whether a single administration of autologous regulatory T-cells (Tregs) can reset and restore immune tolerance in autoimmune, inflammatory and neuroinflammatory diseases.
Four-point China initiative also includes implementing sales strategy already a fixture in other regions, nutrition clubs with daily meetings. China's April-June results compelled firm to lower earnings forecast.