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Otsuka buys UK heart stent developer

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Otsuka buys UK heart stent developer

Japan's Otsuka Holdings Co. Ltd. acquired Veryan Medical Ltd., a U.K.-based producer of heart stents.

The company said Veryan's stent technology has considerable future development potential.

Otsuka Holdings, which executed the deal through its unit Otsuka Medical Devices Co. Ltd., did not disclose the financial terms of the acquisition.