Olympus Medical Acquires Spirus Medical for Undisclosed Sum

  • Feed Type
  • Date
    7/1/2011
  • Company Name
    Spirus Medical
  • Mailing Address
    375 West Street West Bridgewater, MA 02379
  • Company Description
    Spirus Medical, Inc., headquartered in Stoughton, Mass., was incubated and founded in 2005 by STD Med, Inc., a Stoughton-based manufacturer and developer of medical technologies. Spirus has developed a revolutionary Endoluminal Advancement System (EAS(TM)) for GI Endoscopy that represents a significant breakthrough by enabling gastroenterologists to perform flexible endoscopy procedures more efficiently.
  • Website
    http://www.spirusmed.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Financial terms of the transaction were not disclosed by the parties.