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Noticias
SOUTH JORDAN, Utah, Oct. 7, 2013 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (Nasdaq:MMSI), a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology, radiology and endoscopy, today announced that it has acquired the assets of Radial Assist, which include the RAD BOARD®, RAD BOARD®XTRA™, RAD TRAC™, and RAD REST® devices.
Financing for the $2.5 million transaction was provided by Wells Fargo Bank with an expansion of Merit's existing credit facility.
The RAD BOARD is designed to provide a larger work space for physicians and an area for patients to rest their arms during radial procedures. The RAD BOARD XTRA is designed to work in conjunction with the RAD BOARD by extending the usable work space and allowing for a 90-degree perpendicular extension of the arm for physicians who prefer doing procedures at a 90-degree angle. The RAD TRAC is also designed to be used with the RAD BOARD and facilitates easy placement and removal of the RAD BOARD with the patient still on the table. The RAD REST is a disposable, single-use product designed to stabilize the arm by ergonomically supporting the elbow, forearm and wrist during radial procedures.
"We believe these products will assist us in our efforts to provide a complete offering for radial artery access procedures," said Fred P. Lampropoulos, Merit's Chairman and CEO. "These products provide the necessary procedure set-up and enhance patient comfort."