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Terumo acquires Quirem Medical for up to $45M · Endata

◂ Announcements

Jul 17, 2020ACQUISITIONNetherlands

Terumo acquires Quirem Medical for up to $45M

Terumo has completed the acquisition of Quirem Medical, a Netherlands-based developer of microspheres for liver cancer treatment. Terumo paid $20 million upfront with up to $25 million in milestone payments by 2030.

Value

$45.0M

Status

Completed

Productsmicrospheres for selective internal radiation therapyholmium-166 microspheresdosimetry software

CompaniesTerumo acquirer Quirem Medical target

Sectors#Medical Devices

“The acquisition of Quirem Medical further strengthens our business, expands on our manufacturing and clinical development activities, and complements our comprehensive suite of offerings to support our customers.”massdevice.com

1 source
massdevice.comTerumo acquires Quirem Medical for up to $45m - MassDeviceNancy CrottiJul 17, 2020

Summarized from public sources; check the original articles before acting on it.

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May 16, 2020EXPANSIONInchinnan, Renfrewshire, Scotland, United Kingdom$46.0M
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