Getinge to acquire Paragonix Technologies, a growth leader in the organ transplantation market [Yahoo! Finance]
GETINGE AB UNSP/ADR (GNGBY)
NASDAQ:AMEX Investor Relations:
getinge.com/int/about-us/investors
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Source: Yahoo! Finance
the United States for an aggregated purchase price, including upfront and earn out payments, estimated to approximately USD 477 million GOTHENBURG, Sweden Aug. 22, 2024 /PRNewswire/ -- With the acquisition of Paragonix Technologies – a pioneer and innovator in organ transport and preservation – Getinge marks its entry into a rapidly advancing field driven by rising transplant volumes, technological innovations and evolving clinical practices. The acquisition aligns with Getinge's broader strategy to expand its portfolio into high growth markets that complement and enhance its acute heart and lung support offering already being used in connection with transplantation, positioning the company at the forefront of the fast-growing organ preservation and transportation market. "We are excited to enter the organ preservation and transportation market which is rapidly evolving, driven by a global shortage of organs and the pressing need to increase transplantation volume. Teaming up with
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