CareFusion Gets Medegen for $225M

4/5/10

CareFusion (NYSE: CFN), a San Diego-based medical device company, announced today that it will acquire Medegen, a maker of disposable systems for delivering medication intravenously, for $225 million in cash. The acquisition of Ontario, CA-based Medegen will be the first for CareFusion, which became a publicly traded company in September 2009 after spinning off from Cardinal Health. CareFusion said Medegen’s systems, which help reduce blood infections associated with intravenous systems, will be a strategic fit with its portfolio of infusion products.

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