Pennsylvania technology giant Teleflex (NYSE:TFX) put the finishing touches on a $263 million acquisition of Vidacare Corp., a company that makes inside-the-bone access devices.
Teleflex (NYSE:TFX) plans to spend $262.5 million to snap up privately-held Vidacare Corp., a Shavano Park, Texas-based company that makes inside-the-bone access devices.
CardioFocus added $11 million to its coffers in a round of debt financing from Oxford Finance and Silicon Valley Bank as it commercializes its HeartLight endoscopic ablation system overseas and winds up enrollment in a pivotal U.S. trial.
CardioFocus CRO Renny Clark said the funds will help the company prepare for its submission to the FDA for the HeartLight device, which combines an endoscope and a laser ablation device, according to a press release.