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Medical Instruments & Supplies M&A image Medical Instruments & Supplies M&A » By The Online Investor Staff, updated Fri., Apr. 19, 1:35 PM Recent mergers and acquisitions in the Medical Instruments & Supplies M&A category.

Slide #56. Merit Medical Systems, Inc. Pressure-Assisted Hemostatic Devices From Datascope Corp.

Acquirer: Merit Medical Systems, Inc. (NASDAQ:MMSI)
Acquiree: Pressure-Assisted Hemostatic Devices From Datascope Corp.
Details: Merit Medical Systems, Inc. (Nasdaq:MMSI), a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology, radiology and endoscopy, today announced that it has acquired from Datascope Corp. the SAFEGUARD Pressure Assisted Device, which assists in obtaining and maintaining hemostasis after a femoral procedure, and the AIR-BAND Radial Compression Device, which is indicated to assist hemostasis of the radial artery puncture site while maintaining visibility.

Merit Medical Systems is a manufacturer and marketer of proprietary medical devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care and endoscopy. Co. designs, develops, markets and manufactures, through its own operations and contract manufacturers, medical products to its customers, as well as the patients they serve. Co. conducts its business through two operating segments: cardiovascular (which includes peripheral intervention, cardiac intervention, custom procedural solutions, and original equipment manufacturer) and endoscopy.

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Company Name: 
Merit Medical Systems, Inc.
Website: 
www.merit.com
Sector: 
Medical Instruments & Supplies
Number of ETFs Holding MMSI: 
50
Total Market Value Held by ETFs: 
$946.83M
Total Market Capitalization: 
$4.21B
% of Market Cap. Held by ETFs: 
22.47%
 

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Buy (3.22 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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