CareFusion acquire Medegen

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Intravenous products: CareFusion Corp., today announced an agreement to acquire Medegen, a leading innovator in clinically differentiated needleless access valves and administration sets that deliver intravenous (IV) medication to patients, for $225 million in cash.

“Medegen is an ideal strategic fit with CareFusion due to the complementary nature of our infusion product lines, R&D investments, and our focus on products that are backed by clinical evidence and differentiation,” said David Schlotterbeck, chairman and CEO of CareFusion. “With a global opportunity of more than $2 billion for disposable IV sets, Medegen will expand our clinically differentiated product line and add a new dimension to our existing infection prevention portfolio. We will continue to invest in these products to help hospitals reduce catheter-related blood stream infections and catheter occlusions.”

Click here for the full press release.

Update 17th May 2010.


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