Covidien acquires Pinyons handheld devices
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| POWRSyringe Monitor is designed to give one-handed control for high-pressure injections. Source: Pinyons Medical |
The terms of the transaction were not disclosed.
Covidien said it will immediately obtain all assets related to the POWRSyringe Injector and POWRSyringe Monitor product lines, including all intellectual property, current and future product designs and regulatory filings and approvals.
The FDA-approved devices facilitate manual x-ray contrast media injections during angiography procedures performed in the cardiac catheterization laboratory and interventional radiology suite.
The Park City, Utah-based Pinyons Medical Technology designs, develops and manufactures medical devices.
Bermuda-based Covidien, formerly known as Tyco Healthcare, operates Covidien Imaging Solutions, also known as Mallinckrodt, which is located in St. Louis and provides medical imaging technology.