ICU Medical buying Minnesota’s Pursuit Vascular for $75 million

//ICU Medical buying Minnesota’s Pursuit Vascular for $75 million

ICU Medical buying Minnesota’s Pursuit Vascular for $75 million

Pursuit Vascular, which makes devices to thwart infection in kidney-disease patients, has agreed to be bought by ICU Medical Inc. San Clemente, Calif.-based ICU Medical (NASDAQ: ICUI), which makes medical infusion systems, announced the deal Monday. The company will pay $75 million in cash for Maple Grove-based Pursuit, plus the potential for an additional payment in 2021. "We have been studying the category for a long time, and have been tracking the progress at Pursuit Vascular for more than…

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By | 2019-11-05T13:03:03+00:00 November 5th, 2019|Healthcare|

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