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Deals Update April 2007

A roundup of recent medtech strategic alliances, mergers & acquisitions and financings.

Elekta (oncologic and neurological devices) has paid $13 million in cash to buy radiation therapy and surgery firm 3D Line Medical Systems. Over the next three years, Elekta may also pay 3D up to $11 million in performance earn outs.

Cytyc (women’s health and cancer diagnostics) has agreed to acquire Adiana, a private company that has created a nonincisional alternative to a

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