MicroPort Endovascular to fully acquire Optimum Medical Device for USD 65 million

MicroPort Endovascular MedTech Group announced it will spend USD 65 million to acquire the remaining 72.7% stake in Optimum Medical Device, an asset-holding firm whose core asset is UK-based Lombard Medical, a developer of aortic stents.

“The transaction will help strengthen MicroPort Endovascular's leading position in the aortic intervention medical device market and improve the innovation and R&D of aortic vascular stents.”www2.yicaiglobal.com

• 1 source
• www2.yicaiglobal.comChina's MicroPort Endovascular Jumps on Plan to Buy Rest of Optimum Medical Device for USD65 MillionTang ShihuaJul 2, 2024

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