In Brief: OEC Medical Systems
This article was originally published in The Gray Sheet
Executive Summary
OEC Medical Systems: Obtains worldwide distribution rights for ten years to Barwig Medizinische Systeme GmbH's compact, C-arm mobile x-ray imaging system as part of an agreement under which OEC took a 19.8% stake in Germany-based BMS. U.S. introduction of the C-arm product, to be marketed under the name Compact7600, is pending FDA clearance. OEC projects that the product "will account for up to 10% of sales within two years of introduction." The company says the deal, announced June 8, also grants it an option to increase its stake in BMS firm to 52%...