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| Acquiring Party | MIV Therapeutics Inc. (OTCBB: MIVT ; FWB: MIV), a developer of advanced biocompatible polymer-free drug-eluting stents and advanced drug delivery systems. |
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| Transferring Party | Biosync Scientific, an India-based designer and developer of innovative interventional cardiology products, including cardiovascular stents. |
| Sector | Medical Devices |
| Date | February 21, 2007 |
| Analysis The Biosync Scientific acquisition is the latest step in MIVT's strategic plan to become a world leader in the $8 billion plus interventional cardiology market. Terms not disclosed. | |
The Walden Group is a leading healthcare investment banking firm specializing in mergers, acquisitions and strategic transactions. It also invests its own funds and, together with its expert operational partners, provides value-added services to help special companies reach critical milestones. This information is copyright © 2004-2007 The Walden Group, Inc. This information is provided as a service to the public but remains the intellectual property of The Walden Group, Inc and may not be reproduced in any manner without the written permission of The Walden Group, Inc. The information contained in the transactions table was derived from publicly available and other sources. Transaction analysis and other information are based, in part, upon public comments, Walden Group research and judgments, and reporting and research of others. The information is not intended to be relied upon as pronouncements by the transaction participants or for any other reason. | |