Laborie Medical Technologies Announces Agreement To Acquire Urotronic For Up To $600 Million
Acquiring Company
Laborie Medical Technologies
Acquired Company
Urotronic, Inc.
PlymouthHealth CareBiotechnologyHealthcareHealth CareMedicalMedical DeviceDescription
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).
Quick answer
Laborie Medical Technologies is acquiring Urotronic, Inc. for $600 million, announced September 6, 2023.
- Who acquired Urotronic, Inc?
- Laborie Medical Technologies agreed to acquire Urotronic, Inc. on September 6, 2023.
- How much did Laborie Medical Technologies pay for Urotronic, Inc?
- The reported deal value is $600 million.
- What does Laborie Medical Technologies do?
- Headquartered in Portsmouth, New Hampshire, Laborie is a global medical technology company focused on Urology, Urogynecology, Gastroenterology, Obstetrics, Gynecology & Neonatal Health.
- Where are Laborie Medical Technologies and Urotronic, Inc. based?
- Urotronic, Inc. is based in Plymouth, Minnesota, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Urotronic, Inc.?
Urotronic, Inc. was acquired by Laborie Medical Technologies. The deal was reported on September 6, 2023. Headquartered in Portsmouth, New Hampshire, Laborie is a global medical technology company focused on Urology, Urogynecology, Gastroenterology, Obstetrics, Gynecology & Neonatal Health. Laborie Medical Technologies is privately held and operates in Health Care.
When did Laborie Medical Technologies acquire Urotronic, Inc.?
Laborie Medical Technologies's acquisition of Urotronic, Inc. was reported on September 6, 2023. Laborie Medical Technologies, Inc. (Laborie), a leading diagnostic and therapeutic medical technology company, signed a definitive agreement today to acquire Urotronic, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Urotronic, Inc. do?
Urotronic, Inc., headquartered in Plymouth, Minnesota, is a medical device company currently conducting clinical trials to support global commercialization of their products. It is privately held, operating in Biotechnology, and is based in Plymouth.
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