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OrbusNeich acquires eucatech AG for EUR 2.4 million · Endata

◂ Announcements

Medical Devicesworld trade 2024+5.1% 5Y CAGR

Nov 23, 2023ACQUISITIONGermany

OrbusNeich acquires eucatech AG for EUR 2.4 million

OrbusNeich Medical Group announced the acquisition of 100% interest in eucatech AG, a German developer and manufacturer of cardiovascular and endovascular devices, for EUR 2,400,000. eucatech AG will become a wholly-owned subsidiary, adding drug-eluting balloons and stents to OrbusNeich's portfolio.

Status

Announced

Productscoronary stent with sirolimus coatingperipheral self-expandable stentpaclitaxel-coated PTCA and PTA balloons

CompaniesOrbusNeich Medical acquirer eucatech AG target

Sectors#Medical Devices

“We believe that this acquisition will enrich our product portfolio.”orbusneich.com

1 source
orbusneich.comOrbusNeich Adds Drug-eluting Balloons in Product Portfolio Through Acquisition of eucatech AG - OrbusNeichColin ChenNov 23, 2023

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

More from OrbusNeich Medical

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OrbusNeich breaks ground on R&D and production base in Hangzhou
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Nov 27, 2023ACQUISITIONIndonesia$15.1M
OrbusNeich Medical to acquire 84% of PT Revass Utama Medika
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Sep 27, 2023CONTRACTUnited States
OrbusNeich extends exclusive US distribution agreement with Abbott's CSI to 2027
OrbusNeich Medical Abbott Laboratories partner orbusneich.com
Aug 17, 2023NEW FACILITYHangzhou Fuchun Bay New Town, China
OrbusNeich to build Hangzhou Fuchun Bay production base
OrbusNeich Medical orbusneich.com
Aug 17, 2023EXPANSIONShenzhen, China
OrbusNeich expands Shenzhen production base to 1.8M balloon units capacity
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Mar 28, 2023INVESTMENTHangzhou, Zhejiang, China$44.0M
OrbusNeich Medical to invest 300M yuan in largest R&D and production base in Hangzhou
OrbusNeich Medical beta.zhitongcaijing.com

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