CareFusion (NYSE: [[ticker:CFN]]), a San Diego-based medical device company, announced today that it will acquire Medegen, a maker of disposable systems for delivering medication intravenously, for $225 million in cash. The acquisition of Ontario, CA-based Medegen will be the first for CareFusion, which became a publicly traded company in September 2009 after spinning off from Cardinal Health. CareFusion said Medegen’s systems, which help reduce blood infections associated with intravenous systems, will be a strategic fit with its portfolio of infusion products.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
View all posts by Erin Kutz
