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Olympus Will Acquire Another Medical Device Maker

The deal will grow Olympus’ respiratory device portfolio.

A recent Medical Device Network article noted the latest acquisition is the medical device space. Olympus has signed a deal to acquire Veran Medical Technologies for a cool $340 million. The move will act to strengthen Olympus’ therapeutic solutions division by increasing the company’s respiratory device portfolio. Although Olympus is based in Tokyo, the acquisition will take place via its United States subsidiary, Olympus Corporation of the Americas (OCA).

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Break out of the ordinary: see what’s new in life sciences packaging