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Millenium upstaged by TVG (Technology Visions Group) in proposed Sutura merger

This article was originally published in Clinica

Executive Summary

Sutura, a Fountain Valley, California-based developer of minimally invasive vessel closure devices, has announced its plan to merge with Technology Visions Group (TVG), an intellectual property scout also based in California. The move comes at the expense of Millenium Holding Group, a financing company in early-development stage with which Sutura had been planning a merger until November 5, when the latter announced it had received a merger proposal from a "third party".

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