Theragenics Knits Up Needletech Deal

7/18/08

Attleboro, MA-based Needletech Products, which manufactures needles used for range of medical procedures such as core biopsies, aspiration biopsies, and spinal anesthesia, has agreed to be purchased by Buford, GA-based medical device maker Theragenics (NYSE: TGX) for $47.8 million in cash, Theragenics reported this week. The deal is expected to close in the third quarter of this year.

Wade Roush is a contributing editor at Xconomy. Follow @

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