# Varian Medical Systems to acquire Sirtex Medical for $1.3B

Varian Medical Systems agreed to acquire Sirtex Medical for $1.3 billion, gaining control of Sirtex's radioembolization technology for cancer treatment.

- Type: Acquisition
- Announced: 2018-01-31
- Where: Australia
- Value: $1.30B
- Status: announced
- Products: SIR-Spheres Y-90 resin microspheres
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Varian Medical Systems](https://endata.com/companies/20961.md) (acquirer)
- [Sirtex Medical](https://endata.com/companies/29756.md) (target)

## Sources

- [fiercebiotech.com](https://www.fiercebiotech.com/medtech/varian-inks-1-3b-takeover-cancer-device-player-sirtex), 2018-01-31: "Varian Medical Systems has agreed to a $1.3 billion deal to acquire Sirtex Medical."
- [interventionalnews.com](https://interventionalnews.com/varian-signs-agreement-acquire-sirtex/), 2018-01-31: "Varian Medical has announced it has signed an agreement to acquire all the outstanding shares of Sirtex Medical for A$28 per share in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.