Abbott Laboratories Acquires Topera for $250,000,000

  • Feed Type
  • Date
    10/30/2014
  • Company Name
    Topera
  • Mailing Address
    6190 Cornerstone Court San Diego, CA 92121 USA
  • Company Description
    Topera Medical developed and received FDA clearance for RhythmView System to assist electrophysiologists in the identification of the electrical source of cardiac arrhythmias. The RhythmView System is designed to provide electrophysiologists with a dynamic representation of the electrical activity of the heart.
  • Website
    http://www.toperamedical.com
  • Transaction Type
    M&A
  • Transaction Amount
    $250,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Abbott will acquire all outstanding equity of Topera for $250 million upfront, plus potential future payments tied to performance milestones.

Trending on Xconomy