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Abacus Transcriptions Inc.

Bard nabs angioplasty balloon maker for $325 million | Acquisitions Roundup

December 21, 2011 By MassDevice staff Leave a Comment

C.R. Bard logo
Lutonix logo

C.R. Bard (NYSE:BCR) acquired Minneapolis-based angioplasty balloon maker Lutonix Inc. for $325 million.

The merger, announced during Bard’s 2012 guidance update conference call, grants Lutonix $225 million up front with another $100 million when Lutonix achieves pre-market approval for its drug-coated balloons.

Filed Under: News Well Tagged With: Abacus Transcriptions Inc., Acquisitions Roundup, C.R. Bard, Hunan Changsha Tiandiren Biotech Co., iMedX Inc., Lutonix Inc., Mindray Medical International Ltd.

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