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Olympus buys Spirus; consolidates endoscopy leadership

This article was originally published in Clinica

Executive Summary

Japanese giant Olympus has acquired specialist endoscope developer Spirus Medical, cementing its market-leading position in the endoscopy market. Financial terms of the deal were not disclosed, but unconfirmed media reports estimated that the deal could be worth up to $60m if Spirus meets certain milestones.

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