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Stock impact report

Merit Medical (MMSI) Inks Deal to Boost Endoscopy Portfolio [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
Per the terms, EndoGastric Solutions' EsophyX Z+ device will become part of Merit Medical's endoscopy portfolio. EsophyX Z+ is a device that delivers a durable, minimally-invasive non-pharmacological treatment option for patients suffering from chronic gastroesophageal reflux disease (GERD). The latest acquisition is expected to significantly expand Merit Medical's endoscopy portfolio with a minimally invasive solution for patients suffering from chronic GERD and solidify its foothold in the niche space. Rationale Behind the Acquisition GERD is a digestive disorder that occurs when the lower esophageal sphincter does not tighten correctly, allowing acid from the stomach to enter the esophagus. When this occurs chronically, it can result in serious health conditions, such as esophageal damage and cancer. The EsophyX Z+ device is expected to treat GERD by restoring the body's reflux barrier. Per management, the buyout is consistent with Merit Medical's Continued Growth Initiat Show less Read more
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