Otsuka Medical Devices Completes Acquisition Of Veryan Medical

Otsuka Medical Devices (Otsuka), a subsidiary of Otsuka Holdings Co., Ltd., and Veryan Medical (Veryan) recently announced the completion of the acquisition of Veryan by Otsuka through its UK subsidiary Otsuka Medical devices UK. Ltd.

Veryan's BioMimics 3D peripheral vascular stent received approval from the US Food and Drug Administration (FDA) in October 2018. Following the acquisition, Veryan and Otsuka Medical Devices plan to collaborate in developing Swirling Flow stents for use in the treatment of vascular disease. As part of the acquisition, Veryan's operations in Galway, Ireland will be retained by Otsuka Medical Devices, and will play . . .