BTG (LON:BTG) said today it will pay up to $80 million to acquire specialized cardiovascular catheter developer Roxwood Medical. In the deal, U.K.-based BTG will pay $65 million upon closure of the deal and an additional $15 million upon the completion of certain future commercial milestones. BTG said it expects the deal to be accretive to […]
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Abbott inks distro deal with Roxwood Medical
Cath developer Roxwood Medical said today it inked an exclusive distribution deal granting Abbott (NYSE:ABT) to distribute its products in the US. Through the deal, Abbott will gain exclusive distribution rights to Roxwood’s anchoring catheters and microcatheters, including the CenterCross Ultra, MultiCross and MicroCross devices designed for the percutaneous treatment of chronic blockages. “This partnership with Abbott’s […]