Veteran surgical devices maker and B. Braun Medical Inc. subsidiary Aesculap Inc. snapped up Aragon Surgical Inc. and its radiofrequency electrosurgical instruments for tissue fusion and cutting.
Aragon’s Caiman instruments are the only radiofrequency devices on the market with an articulating end to allow surgeons more maneuverability with tissue fusion and cutting during surgery.
The Caiman suite of products will add to Aesculap’s existing line of endoscopic and open surgical instruments, including its S4 occipital plating system, which won FDA 510(k) clearance in Sept. 2010.
The terms of the merger were not announced.
Aesculap, now based in Center Valley, Pa., was founded in Germany in 1867, according to the press release. It was acquired by B. Braun in 1998.
Steve MacMillan took over as CEO of Hologic in 2013, drawing on his experience at medtech titans like Stryker and Johnson & Johnson. Since then, Hologic has grown into a $3 billion business.
At DeviceTalks Boston, MacMillan will provide exclusive insights into the Massachusetts-based company and its evolving definition of women's healthcare. You don't want to miss it!
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