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Dextera Surgical Obtains Approval for Asset Sale to Aesculap, Inc.

DEXTERA SURGICAL INC (DXTR)  More Company Research Source: Business Wire
Last dextera surgical inc earnings: 11/9 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.dexterasurgical.com/investor-overview
PDF REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Dextera Surgical Inc. (OTCMKTS: DXTR), a company developing and commercializing the MicroCutter 5/80™ Stapler, today announced that it had obtained approval by the Bankruptcy Court for the sale of substantially all of Dextera Surgical’s assets to Aesculap, Inc., a B. Braun company. The transaction is expected to be completed by February 20, 2018. “We are pleased to see our innovative MicroCutter 5/80 Stapler, PAS-Port® and C-Port® automated anastomosis system cardiac surgery products and technology portfolio transitioning into the very capable hands of the team at Aesculap, Inc. to provide a path for these products to remain in the hands of surgeons and be supported around the globe,” said Julian Nikolchev, president and CEO of Dextera Surgical. “We are working with the Aesculap, Inc. team to transition the manufacturing and worldwide marketing and support of the M [Read more]

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