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US Surgical to buy Confluent for $245mm

Executive Summary

Hoping to position itself for what analysts estimate could be a $1.8bn biosurgery market by the year 2012, Tyco Healthcare's United States Surgical division will buy biomaterials company Confluent Surgical Inc. for $245mm.
Deal Industry
  • Biotechnology
  • Medical Devices
    • Biomaterials
    • Surgical Equipment & Devices
      • Surgical Sealants
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash

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