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0 0.000581733566026727 -0.000465386852821315 -0.00226876090750428 0.000290866783013446 0.00395578824898201 0.000232693426410658 0.00209424083769641
Stock impact report

Merit Medical Announces Asset Purchase Agreement with EndoGastric Solutions, Inc.® [Yahoo! Finance]

Merit Medical Systems, Inc. (MMSI) 
Last merit medical systems, inc. earnings: 4/23 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: merit.com/investors
Company Research Source: Yahoo! Finance
Asset acquisition projected to add approximately $30 million of revenue, on an annualized basis, in key gastrointestinal endoscopy market that leverages existing commercial footprint. Merit reaffirms full-year 2024 financial guidance on standalone basis and updates full-year 2024 financial guidance to include projected partial-year impact from this acquisition. SOUTH JORDAN, Utah, July 01, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare technology, today announced it has executed an asset purchase agreement with EndoGastric Solutions, Inc. for a total cash consideration of approximately $105 million. EndoGastric Solutions' EsophyX ® Z+ device delivers a durable, minimally invasive non-pharmacological treatment option for patients suffering from GERD. GERD is a digestive disorder that occurs when the lower esophageal sphincter doesn't tighten correctly, allowing acid from the stomach to enter the esophagus. When this occurs chro Show less Read more
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