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CardioVascular Dynamics buys stent firm
October 23, 1996
Catheter firm CardioVascular Dynamics of Irvine, CA, has reachedan agreement to acquire stent developer Intraluminal Devices for$1.4 million in CVD stock. Intraluminal Devices is a development-stagecompany that makes self-expanding stents, which CVD said
Catheter firm CardioVascular Dynamics of Irvine, CA, has reached
an agreement to acquire stent developer Intraluminal Devices for
$1.4 million in CVD stock. Intraluminal Devices is a development-stage
company that makes self-expanding stents, which CVD said it intends
to integrate with its own Focus Catheter technology for stent
delivery. CVD spun off from Endosonics in June (SCAN 7/3/96).