Hospira to Acquire Physiometrix

Hospira, a hospital products manufacturer, and Physiometrix, a developer of noninvasive medical devices, announced Hospira will acquire the stock of Physiometrix for approximately $23 million in cash plus the assumption of the company's debt, which is projected to be approximately $1 million. The acquisition will broaden Hospira's portfolio of products for the hospital operating room and intensive care unit, providing anesthesia-monitoring devices used during surgical and diagnostic procedures.

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