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Taewoong Medical

Olympus completes acquisition of GI stent maker Taewoong Medical

January 24, 2024 By Sean Whooley

Olympus Taewoong Medical Niti-S hot Spaxus stent

Olympus announced today that it closed its acquisition of Taewoong Medical, a Korea-based medical device manufacturer. Taewoong Medical develops gastrointestinal (GI) metallic stents, among other offerings. Olympus announced its intent to acquire the company for $370 million in February 2023. The deal includes $255.5 million upfront, with up to … [Read more...] about Olympus completes acquisition of GI stent maker Taewoong Medical

Filed Under: Stents Tagged With: olympus, Taewoong Medical

Olympus acquires GI stent maker Taewoong Medical for $370M

February 28, 2023 By Sean Whooley

Olympus Taewoong Medical

Olympus announced that it agreed to acquire Korea-based Taewoong Medical, a maker of medical devices, including stents, for $370 million. Taewoong Medical manufactures devices including gastrointestinal (GI) metallic stents. Olympus intends to use the acquisition to strengthen its GI endotherapy portfolio capabilities. Get the full story at our … [Read more...] about Olympus acquires GI stent maker Taewoong Medical for $370M

Filed Under: Stents Tagged With: olympus, Taewoong Medical

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