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St. Jude invests $60mm in CardioMEMS; gets option to buy; exercised
28 Apr 2015
Executive Summary
St. Jude Medical Inc. made a $60mm equity investment in CardioMEMS Inc., a privately held cardiovascular company that developed a wireless sensing technology.
Deal Industry
- Medical Devices
-
Medical Devices
- Diagnostic Equipment & Supplies
- Implantable Devices
- Monitoring Equipment & Devices
- Radiofrequency Devices
-
Surgical Equipment & Devices
- Minimally or Less Invasive
Deal Status
- Final
Deal Type
-
Alliance
- Includes Equity
- R&D and Marketing (Licensing)
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St. Jude invests $60mm in CardioMEMS; gets option to buy; exercised
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