Merit Medical Announces Asset Purchase Agreement with EndoGastric Solutions, Inc.® [Yahoo! Finance]
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Merit Medical Systems, Inc. (MMSI)
Last merit medical systems, inc. earnings: 4/23 04:01 pm
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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
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MMSI
News
- Merit Medical (MMSI) Inks Deal to Boost Endoscopy Portfolio [Yahoo! Finance]Yahoo! Finance
- Merit Medical Systems, Inc. (NASDAQ: MMSI) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $100.00 price target on the stock.MarketBeat
- Merit Medical Systems, Inc. (NASDAQ: MMSI) had its price target raised by analysts at Canaccord Genuity Group Inc. from $102.00 to $125.00. They now have a "buy" rating on the stock.MarketBeat
- Merit Medical to acquire EndoGastric Solutions for $105m [Yahoo! Finance]Yahoo! Finance
- Merit Medical Systems, Inc. (NASDAQ: MMSI) had its price target raised by analysts at Needham & Company LLC from $85.00 to $93.00. They now have a "buy" rating on the stock.MarketBeat
MMSI
Earnings
- 4/30/24 - Beat
MMSI
Sec Filings
- 7/2/24 - Form 4
- 7/1/24 - Form 8-K
- 6/28/24 - Form 144
- MMSI's page on the SEC website