Medical Instruments & Supplies M&A » By The Online Investor Staff, updated Tue., May. 7, 7:47 PM
Recent mergers and acquisitions in the Medical Instruments & Supplies M&A category.
| This Slide: #71 of 100 |
Slide #71. Novadaq Technologies — Digirad Announces Surgical Imaging Technology Assets
Acquirer:
Novadaq Technologies
Acquiree:
Digirad Announces Surgical Imaging Technology Assets (DRAD)
Details:
Digirad Corporation (NASDAQ: DRAD) announced today that it has signed an agreement to sell its "Trapper" Surgical Imaging Technology previously under development, as well as license "Trapper" related technology to Novadaq Technologies, a publicly-traded developer of clinically-relevant imaging solutions for use in surgical and outpatient wound care procedures. Under the terms of the agreement, Digirad will receive up front consideration of $2 million and up to $1 million in deferred contingent payments based on the achievement of specific regulatory and commercial milestones. In addition, a royalty on sales will be paid for a period of five years from the date of the first commercial sale.
Open the DRAD Page at The Online Investor »
|
||||||||||||
Open the DRAD Page at The Online Investor (in a new window) »
 Free DRAD Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
|
Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
