Posted on 4 July 2014
Eugene F. Collins acted for medical devices company Apica Cardiovascular on its sale to Thoratec Corporation (NASDAQ: THOR) for $75m.
Thoratec Corporation, a world leader in device-based mechanical circulatory support therapies for failing hearts, acquired Galway based Apica for an upfront cash payment of $35 million and potential future clinical and sales milestones of up to $40 million. As part of the agreement, the Apica team based in Ireland and the US will transition to Thoratec.
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