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Teleflex announced on December 29, 2020, that it has completed its previously announced acquisition of hemostatic product maker Z-Medica for an upfront cash payment of $500 million, with up to an additional $25 million upon achieving certain commercial milestones.
Teleflex Incorporated entered a definitive agreement to acquire privately-held Z-Medica, LLC, a manufacturer of hemostatic products, for an upfront cash payment of $500 million and up to $25 million in milestone payments. The acquisition is expected to close in Q4 2020.