Ith Its Strong History Of Innovation The Company That Introduced Sirolimus Drug Eluting Stents Des In 1999 Will Be Introducing Selution Slrsustained Limus Release Balloons Deb News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Cordis to acquire MedAlliance

New Delhi [India], October 21 (ANI/ATK): MedAlliance, a Swiss-based med-tech company, has announced that the company is going to be acquired by Cordis with a USD 35 million starting investment, a USD 200 million upfront closing payment, regulatory achievement milestones of up to USD 125 million, and commercial milestones of up to USD 775 million through 2029 for a combined value of up to USD 1.135 billion. Cordis is a global innovator and manufacturer of interventional cardiovascular and endovascular technology. SELUTION SLR( (Sustained Limus Release), MedAlliance's novel and disruptive sustained sirolimus drug-eluting balloon (DEB) development, delivers a flagship group of products that matches Cordis' existing product range, sales, marketing, and distribution capabilities. Cordis's clients will benefit from MedAlliance's substantial clinical coursework and publishing strategy, which will maintain Cordis' legacy of bringing ingenious medications to patients. Headqu ....

United States , North Carolina , Switzerland General , New Delhi , George Adams , Rex Hospital Inc , Peripheral Vascular Research , Cell Adherent Technology , Sustained Limus Release , Shar Matin , Principal Investigator , Arteriovenous Fistula , New Delhi India , Ctober 21 Ani Atk Medalliance , A Swiss Based Med Tech Company , As Announced That The Company Is Going To Be Acquired By Cordis Witha Usd 35 Million Starting Investment , A Usd 200 Million Upfront Closing Payment , Egulatory Achievement Milestones Of Up To Usd 125 Million , Nd Commercial Milestones Of Up To Usd 775 Million Through 2029 Fora Combined Value 1 135 Billion Cordis Isa Global Innovator And Manufacturer Interventional Cardiovascular Endovascular Technology Selution Slr Sustained Limus Release , Edalliance 39s Novel And Disruptive Sustained Sirolimus Drug Eluting Balloon Deb Development , Eliversa Flagship Group Of Products That Matches Cordis 39 Existing Product Range , Nd Distribution Capabilities Cordis 39s Clients Will Benefit From Medalliance Substantial Clinical Coursework And Publishing Strategy , Hich Will Maintain Cordis 39 Legacy Of Bringing Ingenious Medications To Patients Headquartered In Nyon , He Company Medalliance Primarily Focuses On The Development Of Cutting Edge Technology And Commercialization Sophisticated Medication Device Combination Solutions , Asically For The Treatment Of Coronary And Peripheral Artery Disease Selution Slr Balloon Platform Technology Isa Revolutionary Sirolimus Eluting Quot We Are Very Fortunate To Finda Partner Like Cordis , Ith Its Strong History Of Innovation The Company That Introduced Sirolimus Drug Eluting Stents Des In 1999 Will Be Introducing Selution Slrsustained Limus Release Balloons Deb ,

MedAlliance to be Acquired by Cordis

GENEVA, Oct. 19, 2022 /PRNewswire/ Swiss-based medical technology company MedAlliance has announced it has entered into an agreement with Cordis for an acquisition which includes an initial investment of $35M and upfront closing payment of $200M, regulatory achievement milestones of up to $125M and commercial milestones of up to $775M through 2029 for a total consideration of up to $1.135 Billion. Cordis is a worldwide leader in the development and manufacturing of interventional cardiovascular and endovascular technologies. MedAlliance's innovative and revolutionary sustained sirolimus drug eluting balloon (DEB) program, SELUTION SLR (Sustained Limus Release), provides a flagship product family which complements Cordis' existing product portfolio, sales, marketing and distribution expertise. Cordis customers will benefit from the extensive clinical study program and publication plan that is being executed by MedAlliance to further Cordis' heritage of bringing innovative p ....

United States , North Carolina , Switzerland General , Richard Kenyon , George Adams , Rex Hospital Inc , Peripheral Vascular Research , Cell Adherent Technology , Sustained Limus Release , Shar Matin , Principal Investigator , Arteriovenous Fistula , Oct 19 , 022 Prnewswire Swiss Based Medical Technology Company Medalliance Has Announced It Entered Into An Agreement With Cordis For Acquisition Which Includes Initial Investment Of 35m And Upfront Closing Payment 200m , Egulatory Achievement Milestones Of Up To 125m And Commercial 775m Through 2029 Fora Total Consideration 1 135 Billion Cordis Isa Worldwide Leader In The Development Manufacturing Interventional Cardiovascular Endovascular Technologies Medalliance 39s Innovative Revolutionary Sustained Sirolimus Drug Eluting Balloon Deb Program , Elution Slr Sustained Limus Release , Rovidesa Flagship Product Family Which Complements Cordis 39 Existing Portfolio , Arketing And Distribution Expertise Cordis Customers Will Benefit From The Extensive Clinical Study Program Publication Plan That Is Being Executed By Medalliance To Further 39 Heritage Of Bringing Innovative Products Patients Headquartered In Nyon , Witzerland It Specializes In The Development Of Ground Breaking Technology And Commercialization Advanced Drug Device Combination Products , Nitially For The Treatment Of Coronary And Peripheral Artery Disease Selution Slr , Sa Novel Sirolimus Eluting Balloon Platform Technology Quot We Are Very Fortunate To Finda Partner Like Cordis , Ith Its Strong History Of Innovation The Company That Introduced Sirolimus Drug Eluting Stents Des In 1999 Will Be Introducing Selution Slrsustained Limus Release Balloons Deb , Avoiding Permanent Metal Implants And Providing Patients Around The World With Stent Less Pci , Uot Commented Jeffreyb Jump , Hairman And Ceo Of Medalliance Quot Nearly Twenty Years Ago , Ordis Introduced Cypher ,