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Guidant has agreed to acquire BioStent, a start-up medical device company specializing in bioabsorbable vascular stents. It is buying 51% of the company now for $10mm, and in early 2004 plans to buy the remaining 49% for an additional $6mm, based on BioStent's achievement of certain requirements.
Deal Industry
Medical Devices
Medical Devices
Biomaterials
Implantable Devices
Deal Status
Final
Deal Type
Acquisition
Partial Acquisition
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