Olympus to Acquire Arc Medical Design for Expanding its Product Portfolio
Shots:
- The acquisition will expand Olympus’ offerings in GI therapeutic devices and the development of advanced colonoscopy tools with the aim of improving early detection and treatment of CRC
- Olympus will obtain full rights to Arc Medical Design’s medical products and will convert its current exclusive distribution rights of Endocuff Vision to a full acquisition of the Endocuff family of products
- Endocuff Vision is a device attached to the distal end of a colonoscope- designed to maintain and maximize visibility during colonoscopy. The Endocuff technology will increase the 11% ADR that will improve clinical outcomes- reduce overall costs and enhance QoL for patients
Ref: Olympus | Image: Olympus
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