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Abbott pays $250mm to enter electrophysiology space through purchase of Topera
27 Sep 2017
Executive Summary
Abbott Laboratories Inc. paid $250mm cash to acquire Topera Medical Inc., a privately owned four-year-old company that markets a unique atrial fibrillation system. The deal, which serves as an entry into the electrophysiology space for Abbott, also includes earn-outs tied to performance achievements.
Deal Industry
- Medical Devices
-
Medical Devices
- Diagnostic Imaging Equipment & Supplies
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Earnout
- Payment Includes Cash
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Abbott pays $250mm to enter electrophysiology space through purchase of Topera
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