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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Sep. 18, 6:37 PM

This Slide: #65 of 100

Slide #65. CryoLife, Inc. — Ascyrus Medical LLC

Acquirer: CryoLife, Inc. (NYSE:CRY)
Acquiree: Ascyrus Medical LLC
Details: CryoLife, Inc. ("CryoLife"; NYSE: CRY), a leading cardiac and vascular surgery company focused on aortic disease, announced today that it has acquired Ascyrus Medical LLC (Ascyrus). Ascyrus is a Florida-based, privately-held developer of the Ascyrus Medical Dissection Stent (AMDS), the world's first aortic arch remodeling device used for the treatment of acute Type A aortic dissections. The addition of the AMDS to CryoLife's product portfolio further strengthens the Company's position as a leader in the growing aortic repair market.

CryoLife is engaged in the manufacturing, processing, and distribution of medical devices and implantable human tissues used in cardiac and vascular surgical procedures for patients with aortic disease. Co. has the following product families: BioGlue® Surgical Adhesive products, JOTEC stent grafts and surgical products, On-X mechanical heart valves and surgical products, and implantable cardiac and vascular human tissues. Co.'s medical devices and preservation services are primarily used by cardiac and vascular surgeons to treat patients with aortic disease, including heart valve disease, and to a lesser extent, other conditions in cardiac and vascular surgery.

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CRY — Key Stats (updated 8 hours, 18 minutes ago)
Company Name:  CryoLife, Inc.
Stock buyback:  CRY buyback
Website:  www.cryolife.com
Sector:  Medical Instruments & Supplies
Number of ETFs Holding CRY:  45
Total Market Value Held by ETFs:  $127.51M
Total Market Capitalization:  $655.00M
% of Market Cap. Held by ETFs:  19.47%
 

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September 18, 2020  •  6:37 PM Eastern
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