# Sisram Medical acquires 60% stake in Nova Medical

Fosun Pharmaceutical's subsidiary Sisram Medical Ltd. completed the first step of acquiring a 60% stake in Nova Medical, a distributor of medical aesthetic devices in Israel.

- Type: Acquisition
- Announced: 2018-11-21
- Where: Israel
- Status: announced
- Products: medical aesthetic devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Nova Medical](https://endata.com/companies/35587.md) (target)
- [Sisram Medical](https://endata.com/companies/35588.md) (acquirer)
- [Fosun Pharmaceutical](https://endata.com/companies/35745.md) (investor)

## Sources

- [calcalistech.com](https://www.calcalistech.com/ctech/articles/0,7340,L-3750846,00.html), 2018-11-28: "Fosun Pharmaceutical, through its Israel-based subsidiary, cosmetic surgery company Sisram Medical Ltd., has completed the first step of acquiring its Israeli distributor Nova Medical, the company announced last week."

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