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Laborie Medical Technologies Announces Agreement To Acquire Urotronic For Up To $600 Million

Laborie Medical Technologies Announces Agreement To Acquire Urotronic For Up To $600 Million

09/06/23, 11:15 AM
Location
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Industry
health care
medical device
medical
biotechnology
health care
Laborie Medical Technologies, Inc. (Laborie), a leading diagnostic and therapeutic medical technology company, signed a definitive agreement today to acquire Urotronic, Inc. (Urotronic), a Minnesota-based medical device company pioneering the application of its Optilume® drug-coated balloon technology for use in interventional urology including treating urethral strictures and benign prostatic hyperplasia (BPH).

Company Info

Company
Laborie Medical Technologies
Company info
Headquartered in Portsmouth, New Hampshire, Laborie is a global medical technology company focused on Urology, Urogynecology, Gastroenterology, Obstetrics, Gynecology & Neonatal Health. We manufacture and deliver high-quality, high-impact diagnostic and therapeutic products that help clinicians and hospitals preserve and restore patient dignity. Clinicians and hospitals look to us as the market-leading experts in our business segments, and we support our products with a world-class Clinical Education & Information program. Laborie is a portfolio company of Patricia Industries. For more information visit www.laborie.com.