Integer (NYSE:ITGR) said yesterday that it acquired US BioDesign‘s braided biomedical business for a minimum of $15 million.
The Quakertown, Pa.–based operation makes complex braided and formed biomedical structures for the cardiovascular, neurovascular and general surgery markets. The company also offers product development, materials testing and post-processing services including electropolishing and packaging. The deal calls for an upfront payment of $15 million plus unspecified milestones, Integer said.
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