Frazier Buys Carefusion Unit

3/29/11

San Diego-based Carefusion (NYSE: CFN), said today it has completed the sale of its Onsite Services business to affiliates of Seattle-based Frazier Healthcare Ventures. OnSite offers medical instrument repair and instrument management programs to hospitals. The new company will have 240 employees, Carefusion said in a statement. Financial terms of the deal weren’t disclosed.

Luke Timmerman is the National Biotech Editor of Xconomy. E-mail him at ltimmerman@xconomy.com Follow @

    

Business, life sciences, and technology news — covering Boston, Seattle, San Diego, Detroit, San Francisco, New York and beyond.

© 2007-2012, Xconomy, Inc. Xconomy is a registered service mark of Xconomy, Inc. All rights reserved.

Site produced by Andrew Koyfman with design from Rob Hunter.