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Minntech sells cardiosurgery products to LifeStream
27 Dec 1999
Executive Summary
From its cardiosurgery business, Minntech has sold its Biocor oxygenator and EnGuard PHX cardioplegia system to new cardiopulmonary products company LifeStream in exchange for $7.2mm in cash $2.5mm up front, the remaining $4.7mm over the next 2 years), plus a warrant for 5% of LifeStream's equity.
Deal Industry
-
Medical Devices
- Surgical Equipment & Devices
Deal Status
- Preliminary
Deal Type
-
Alliance
- Includes Equity
- Product Purchase
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Questions?
Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
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Minntech sells cardiosurgery products to LifeStream
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