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Elekta to buy Cordis's pediatric neurosurgery works

Executive Summary

Elekta agreed to buy the neuroscience device business of J&J's Cordis Corp. for about $9mm (SEK60mm). The unit makes shunts and consumables for treating hydrocephalus (excess cerebrospinal fluid), the most common neurological problem in newborns.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Surgical Equipment & Devices
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash

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