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Terumo's holdings Vascutek and Bolton Medical are merging to form a single entity called Terumo Aortic, with expected combined revenue of about $200 million and more than 1,100 employees. The merger has been in the works for the past year.
Terumo Corporation reached an agreement to acquire St. Jude Medical's Angio-Seal and FemoSeal vascular closure products and Abbott's Vado steerable sheath business (via Kalila Medical) for $1.12 billion.