# Otsuka Medical Devices completes acquisition of Veryan Medical

Otsuka Medical Devices Co., Ltd., a subsidiary of Otsuka Holdings, completed the acquisition of Veryan Medical Ltd. through its UK subsidiary. Veryan's R&D operations in Galway, Ireland, will be retained.

- Type: Acquisition
- Announced: 2018-12-13
- Where: United Kingdom
- Status: completed
- Products: Swirling Flow stents, BioMimics 3D peripheral vascular stent
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Otsuka Holdings](https://endata.com/companies/33020.md) (investor)
- [Otsuka Medical Devices](https://endata.com/companies/33022.md) (acquirer)
- [Veryan Medical Ltd.](https://endata.com/companies/36121.md) (target)
- [IP Group](https://endata.com/companies/36215.md) (investor)

## Sources

- [evtoday.com](https://evtoday.com/news/otsuka-medical-devices-acquires-veryan-medical), 2018-12-13: "Otsuka Medical Devices Co., Ltd., a 100% subsidiary of Otsuka Holdings Co., Ltd., and Veryan Medical Ltd. announced the completion of the acquisition of Veryan by Otsuka Medical Devices through its United Kingdom subsidiary, Otsuka Medical Devices UK Ltd."
- [globalventuring.com](https://globalventuring.com/university/otsuka-takes-up-veryans-offer/), 2018-12-17: "Veryan Medical, a UK-based vascular implant spinout from Imperial College London, has been acquired by medical device manufacturer Otsuka Medical Devices for an undisclosed exit."

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