Teleflex Incorporated (Wayne, PA) acquired Nostix LLC (Boulder, CO), a privately held developer of tip-confirmation systems that are used to increase the accuracy of vascular access device placement. Currently, Nostix’s ECG-only system is being marketed in the U.S. for use in placement of peripherally inserted central catheters (PICC) and is used as an alternative to X-ray confirmation in adult patients. According to a release, the addition of this technology will support Teleflex’s future expansion into tip confirmation for central venous catheters, chronic hemodialysis catheters, and ports, as well as access to a product development pipeline that includes integrated ultrasound capabilities that will extend the company’s ability to offer differentiated catheter tip positioning solutions. Financial terms of the transaction were not disclosed.
Market Pulse transactions shown herein are provided as a matter of public record. These transactions have been compiled from press releases, corporate announcements and other public sources to provide an overview of acquisition and merger activities within the healthcare and life sciences sectors.