FDAnews Device Daily Bulletin
Medical Devices / Commercial Operations

Terumo Finalizes Acquisition of Sequent Medical

July 19, 2016

Terumo’s subsidiary MicroVention has finalized its acquisition of Aliso Viejo, Calif.-based Sequent Medical.

The transaction consists of $280 million up front, along with $100 million in potential payments for reaching development goals or commercial milestones.

Terumo initially announced the acquisition back in June. — Anisa Jibrell

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