Announced
Completed
Synopsis
Merit Medical, a manufacturer and marketer of proprietary disposable medical devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care and endoscopy, completed the acquisition of endoscopy assets from EndoGastric Solutions, a medical device company focused on developing and commercializing innovative, evidence-based, non-invasive surgical technology for the treatment of gastroesophageal reflux disease, for $105m. “This acquisition is consistent with our Continued Growth Initiatives. It enhances our product portfolio in existing clinical specialties while expanding our global footprint in the multi-billion-dollar gastrointestinal market. We look forward to helping more patients by providing clinicians with a sustained and minimally invasive treatment option for chronic GERD,” Fred P. Lampropoulos, Merit Chairman and CEO.
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