Best Medical International of Fairfax, VA, has signed an agreement to acquire all the vascular brachytherapy (VBT) assets of Norcross, GA-based Novoste.
Best designs, distributes, and manufactures radiation products for the oncology, urology, neurology, and gynecology markets.
Completion of the deal is subject to the satisfaction of certain conditions, including the issuance of regulatory licenses necessary for the continuation of the VBT business to Best, and the closing of the previously announced merger between Novoste and extremity MRI developer ONI Medical Systems of Wilmington, MA.
By AuntMinnie.com staff writers
August 26, 2005
Related Reading
Novoste, ONI to merge, May 19, 2005
Novoste shows steep Q1 downturn, signs Guidant deal, April 22, 2004
Novoste suspends Mobile trial, restructures company, August 27, 2003
Novoste posts profitable Q2, July 24, 2003
Novoste promotes Green, May 15, 2003
Copyright © 2005 AuntMinnie.com