CVC Completes Acquisition of Therakos from Mallinckrodt [Yahoo! Finance]
Medtronic plc. Ordinary Shares (MDT)
Last medtronic plc. ordinary shares earnings: 2/18 06:45 am
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Source: Yahoo! Finance
announced acquisition of the Therakos business from Mallinckrodt plc ("Mallinckrodt"), a global specialty pharmaceutical company. The investment in Therakos from CVC Capital Partners Fund IX will provide the resources and expertise to further develop the business and its services which improve the lives of patients. Therakos is the leading company in Extracorporeal Photopheresis (ECP) delivery systems for autologous immunomodulatory therapy. With approvals for use in the U.S., Canada, Europe, Japan, Australia, Latin America and South Korea, the Therakos' systems are the platform-of-choice among healthcare providers and patients to treat a range of immune-related diseases. Healthcare executives Michael Rechtiene and Sandra Thompson will be returning to lead the business as Co-CEO's and have partnered with CVC Capital through the acquisition process. "We are incredibly excited to have another opportunity to invest in advancing the science and technology of ECP," stated Michael Recht
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MDT
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- 11/19/24 - Beat
MDT
Sec Filings
- 11/26/24 - Form 10-Q
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- 10/31/24 - Form 144
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