In Brief: Research Industries Corp.
This article was originally published in The Gray Sheet
Executive Summary
Research Industries Corp.: Biomedical firm acquires catheter manufacturer Imodex in a "pooling of interests transaction" valued at approximately $388,000. The deal will give Salt Lake City-based RIC's recently formed vascular division its second product line, Imodex' cartoid artery balloon shunts for use in endarectomies. In November 1994, the division began rolling out its first product, the IschemiaAlert peripheral vascular perfusion sensor ("The Gray Sheet" Nov. 7, 1994, In Brief)...