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Minute Insight: Cordis-MedAlliance Deal Formalized, Less Than One Year After Announcement

 
• By Barnaby Pickering

The $1.1bn acquisition of drug-eluting balloon developer MedAlliance will help Cordis return to its roots as an innovative leader in interventional cardiology.

Minute Insight
• Source: Citeline/Alamy

Cordis’ planned acquisition of MedAlliance has been completed less than a year after it was first announced.

The $1.1bn deal, first announced in November 2022, is structured over seven years in total

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