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ArthroCare acquires Parallax Medical

Executive Summary

To expand into the interventional spine market, ArthroCare (ablation technology) is acquiring Medical Device Alliance (manufactures and sells liposuction devices) and its wholly owned subsidiary Parallax Medical Inc. (develops products for percutaneous injection of bone cement, bone access, and bone augmentation) for $27.3mm in cash and future revenue payments.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Earnout
    • Payment Includes Cash

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