Olympus announced that it agreed to acquire Korea-based Taewoong Medical, a maker of medical devices, including stents, for $370 million. Taewoong Medical manufactures devices including gastrointestinal (GI) metallic stents. Olympus intends to use the acquisition to strengthen its GI endotherapy portfolio capabilities. According to a news release, Olympus plans to pay approximately $370 million in […]
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Cook Medical inks deal to distribute Taewoong Medical Niti-S esophageal stents
Cook Medical said today that it inked a collaborative deal with South Korean Taewoong Medical to distribute a selection of the company’s stents in the U.S. The deal includes Taewoong’s Niti-S Through The Scope esophageal stent, which is the flagship product of the company’s Niti-S self-expandable line of metal gastrointestinal stents, Cook said. The Niti-S TTS […]
