Neich Medical Acquires Orbus Medical Technologies

Neich Medical has acquired Orbus Medical Technologies. Both companies specialize in the field of innovative cardiovascular therapies. This acquisition is the outcome of a long, synergistic relationship. Neich Medical was previously Orbus' distributor for Asia Pacific and manufactures the delivery system for Orbus' R stent, and Orbus is leading Neich's R&D efforts for drug-eluting stents and other advanced technologies.

BioSpace (http://www.biospace.com/news_story.cfm?StoryID=18822420&full=1)