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Announced

Paxman to merge with Dignitana.

Synopsis

Paxman, a UK medical device company, agreed to merge with Dignitana, a Swedish medical device company. Financial terms were not disclosed. "This merger marks a pivotal point in the history of our two companies and the beginning of a brand-new chapter as we unite to form one stronger, unified team. I am truly looking forward to collaborating, connecting, and combining the best of our two organisations, with new perspectives and shared strengths as we move forward. The merger provides exciting growth opportunities, enabling further investment in market expansion and R&D for both companies. Merging the best parts of both Paxman and Dignitana brings not only commercial benefits, but also benefits to both the customer and, of course, ultimately our patients," Richard Paxman, Paxman CEO.

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