Datascope (NASDAQ:DSCP)
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From Dec 2019 to Dec 2024
Sorin Group (MIL:SRN) (Reuters code: SORN.MI) announced today that it
has entered into a binding Asset Purchase Agreement for the purchase of
the Clearglide(R) endoscopic vessel harvesting product line from
Datascope Inc. (NASDAQ:DSCP). Further terms of the transaction were not
disclosed. The transaction is contingent on the closing of the
acquisition of Datascope by Getinge AB, satisfaction of typical
contractual conditions, and satisfaction of anti-trust procedures in the
United States.
The vessel harvesting product line will, upon closing of the
transaction, be integrated into Sorin Group’s Cardiopulmonary Business
Unit.
Endoscopic vessel harvesting (‘EVH’) devices enable less-invasive
techniques for the harvesting of suitable vessels for use in conjunction
with coronary artery bypass grafting. EVH procedures replace traditional
open vessel harvesting and avoid significant pain and discomfort for
patients during the recovery period.
About the Sorin Group
The Sorin Group (www.sorin.com),
a world leader in the development of medical technologies for cardiac
surgery, offers innovative therapies for cardiac rhythm dysfunctions,
interventional cardiology, and the treatment of chronic kidney diseases.
At the Sorin Group, more than 4,000 employees work to serve over 5,000
public and private treatment centers. Every year, over 1 million
patients are treated with the devices of Sorin Group in more than 80
countries. For more information, please visit: www.sorin.com