San Diego-based Carefusion (NYSE: [[ticker:CFN]]), said today it has completed the sale of its Onsite Services business to affiliates of Seattle-based Frazier Healthcare Ventures. OnSite offers medical instrument repair and instrument management programs to hospitals. The new company will have 240 employees, Carefusion said in a statement. Financial terms of the deal weren’t disclosed.
Author: Luke Timmerman
Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.
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