Teleflex (NYSE:TFX) made another move to expand its airway management portfolio with the acquisition of Ultimate Medical for an undisclosed amount. Ultimate Medical’s Cuff Pilot is a single-use device that provides continuous pressure readings during airway management.
LMA International
MassDevice.com +3 | The top 3 med-tech stories for August 14, 2012
Say hello to MassDevice +3, a bite-sized view of the top three med-tech stories of the day. This feature of MassDevice.com’s coverage highlights our 3 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
If you read nothing else today, make sure you’re still in the know with MassDevice +3.
Teleflex to drop $276 million on mask maker LMA
Teleflex (NYSE:TFX) said it agreed to pony up about $276 million in cash for laryngeal mask maker LMA International.
The deal calls for the Limerick, Pa.-based medical device company to shell out S$343.5 million for Singapore-based LMA, according to a press release.
LMA posted sales of $123.9 million last year, Teleflex said.