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Stock impact report

Merit Medical Acquires Assets of Vascular Insights, LLC

Merit Medical Systems, Inc (MMSI)  More Company Research Source: GlobeNewswire
Last merit medical systems, inc earnings: 7/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: merit.com/investors
PDF SOUTH JORDAN, Utah, Dec. 17, 2018 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading manufacturer and marketer of proprietary disposable devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care and endoscopy, today announced that it has acquired substantially all of the assets of Vascular Insights, LLC, based in Quincy, Massachusetts. Vascular Insights’ primary assets are the ClariVein®IC and ClariVein®OC specialty infusion and occlusion catheter systems,  which have been utilized in more than 120,000 cases to treat superficial venous disease, particularly below the knee (BTK), and venous leg ulcers (VLU). The ClariVein systems address a $700 million global market.  The ClariVein IC system has 510(k) clearance from the FDA, the ClariVein OC system is CE-marked, and the systems are covered by 43 patents issued worldwide. The purchase price was $40 million plus additional milestone pay [Read more]
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