Teleflex, a leading global provider of medical technologies designed to improve the health and quality of people’s lives, has acquired NeoTract for $1.1bn. “We are excited to announce this definitive agreement with NeoTract, as this combination is expected to solidify Teleflex’s ability to generate mid-single digit constant currency revenue growth for the next several years, as well as enhance Teleflex’s margin profile. Importantly, while we believe NeoTract has compelling growth opportunities as they continue to penetrate the market with their existing product, we look forward to potential longer-term benefits from their second generation UroLift® System, which is expected to launch in the second half of 2018, and being able to leverage our international distribution network moving forward.” Benson Smith, Teleflex Chairman and Chief Executive Officer.