CryoLife Acquires HemoSphere for $21,500,000
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1278a482-a74a-4d9f-ba28-61b2b5a4c5f2&Preview=1 -
Date
5/16/2012 -
Company Name
HemoSphere -
Mailing Address
6545 City West Pky Eden Prairie, MN 55344 -
Company Description
Hemosphere, Inc., a medical technology company located in Minneapolis, MN, is leading innovation and collaboration in the global development and commercialization of technologies that revolutionize care and restore quality of life for hemodialysis patients with compromised vasculature. -
Website
http://www.hemosphere.com -
Transaction Type
M&A -
Transaction Amount
$21,500,000 -
Transaction Round
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Proceeds Purposes
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M&A Terms
Under terms of the agreement, CryoLife will acquire Hemosphere for $17.0 million in cash, plus potential revenue milestone-based payments of up to $4.5 million.
