MedAlliance to be Acquired by Cordis

Oct 18, 2022 | Industry Press Releases

GENEVA, Oct. 18, 2022 /PRNewswire/ — Swiss-based medical technology company MedAlliance has announced it has entered into an agreement with Cordis for an acquisition which includes an initial investment of $35M and upfront closing payment of $200M, regulatory achievement milestones of up to $125M and commercial milestones of up to $775M through 2029 for a total consideration of up to $1.135 Billion.