Announced
Completed
Synopsis
Asahi Intecc, which produces ultra-fine stainless steel wire ropes for medical and industrial use, completed the acquisition of RetroVascular, a developer of cardiological tools for percutaneous transluminal coronary angioplasty procedures, specifically to treat chronic total occlusions, for $26m. Asahi has maintained a collaborative relationship with RetroVascular to develop the PTCA treatment, which incorporates the use of plasma energy technology with the intention of improving PTCA treatment results.
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