trending Market Intelligence /marketintelligence/en/news-insights/trending/pkr2k9hsyw0qicrepeuplw2 content esgSubNav
In This List

Teleflex buys privately held medical device company

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Global M&A By the Numbers: Q3 2021

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

University Essentials: From Crisis to Resilience – Navigating Sustainable Recovery


Teleflex buys privately held medical device company

Teleflex Inc. said it bought privately held medical device company Essential Medical Inc for an undisclosed amount.

Essential Medical markets Manta, a device used to close large bore punctures in the arteries following heart-related procedures.

The deal will expand the company's presence in the structural heart and endovascular aneurysm repair markets, said Teleflex President and CEO Liam Kelly.

Endovascular aneurysm repair involves inserting a graft within the weakened area of an artery through small incisions, without using an abdominal surgery.

Wayne, Pa.-based Teleflex added that Manta is not approved for sale or distribution in the U.S.