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AorTech buys TissueMed's heart valve division

Executive Summary

Tissuemed has sold its tissue heart valve division to mechanical heart valve company AorTech for $1.3mm (UK0.8mm) cash, and a $300k earn-out payable July 2000 subject to the division's sales performance.
Deal Industry
  • Biotechnology
  • Medical Devices
    • Biomaterials
Deal Status
  • Final
Deal Type
  • Acquisition
    • Payment Includes Cash
    • Includes Earnout

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