AVE Gaining Entry To AAA Market Via $62 Mil. World Medical Purchase
This article was originally published in The Gray Sheet
Executive Summary
Arterial Vascular Engineering's acquisition of World Medical Manufacturing Corp. for $62 mil. in stock will position the stent manufacturer in the $400 mil. worldwide abdominal aortic aneurysm market and improve the company's competitive position among interventional cardiovascular rivals Medtronic, Boston Scientific and Guidant.