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Volcano Cuts Deeper Into Peripheral Market With AtheroMed Buy

Volcano will pay $115 million, plus a potential milestone, for AtheroMed and its Phoenix atherectomy system, as part of the firm’s growing emphasis on the peripheral artery device market.

Volcano Corp. will make its third acquisition in 18 months targeting the peripheral vascular device market with the $115-million-plus-milestone agreement to buy AtheroMed Inc., announced May 27.

AtheroMed makes the Phoenix atherectomy system for peripheral artery disease, which was 510(k)-cleared in January

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