Medical device company Micro-Tech Endoscopy entered into a definitive agreement to acquire distribution rights for three gastroenterology product lines.
Micro-Tech Endoscopy will acquire global distribution rights for the Duraclip, Precisor and Optibite product lines from ConMed, according to a March 18 news release from Micro-Tech.
ConMed has sold the devices on behalf of Micro-Tech for more than a decade.
In December, ConMed announced plans to exit its gastroenterology product lines.
Once the transaction closes, Micro-Tech plans to integrate the product lines into its U.S. and global commercial operations, the release said.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
