Wallaby Medical acquires phenox GmbH for EUR 500 million

Wallaby Medical has acquired German neurovascular device company phenox GmbH, including its subsidiary femtos GmbH, for a total consideration of approximately EUR 500 million including milestone payments. The transaction has received all regulatory approvals and has been completed.

“Wallaby Medical today announced that it has acquired phenox GmbH, including phenox's femtos GmbH, for a total consideration of approximately EUR 500 million including milestone payments.”prnewswire.com

• 3 sources
• prnewswire.comWallaby Acquires German Neurovascular Leader Phenox to Accelerate Global ExpansionWallaby MedicalApr 21, 2022
• medcitynews.comWallaby Medical acquires phenox GmbH to broaden its stroke treatment and prevention product pipeline - MedCity NewsMichael SchroederApr 21, 2022
• wsgr.comWilson Sonsini Advises Wallaby on EUR 500 Million Acquisition of phenox | Wilson SonsiniApr 27, 2022

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