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215:, Inc. would be purchasing Navilyst for $ 372 million, calling the opportunity "an excellent platform for future revenue and earnings growth, as well as substantial cash flow generation." The purchase was completed on May 22, 2012, valued at $ 355 million. Navilyst Medical was allowed to continue as a subsidiary/division of AngioDynamics.
218:
Changes arrived at the Glens Falls plant in
December 2013 with the announcement of consolidation efforts with AngioDynamics' other facility in Queensbury. The company estimated 80 to 100 jobs would be shed over a period of three years, with the Queensbury plant being converted into a distribution
193:'s Fluid Management and Vascular Access division. The acquisition was seen as a way to focus on "opportunities it sees with vein-access devices, instead of competing for resources with many other projects inside the larger company ," primarily within the
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center. A year later, the Glens Falls plant was hit with a warning letter from the FDA concerning faults with design control and real-time aging testing found during on-site inspections, though the company strove "to rectify the deficiencies promptly."
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266:"Navilyst Medical Announces Global Debut Today: Former Boston Scientific Business Units Combine to Lead Fluid Management and Vascular Access Markets"
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with PASV Valve
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realm. The purchase included Boston
Scientific's manufacturing plant for NAMIC
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399:"AngioDynamics announces plan to consolidate local facilities, cut jobs"
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Navilyst
Medical was founded in February 2008 out of the $ 425 million
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In
January 2012, news broke that vascular device manufacturer
453:. U.S. Securities and Exchange Commission. 5 November 2014
376:"AngioDynamics Completes Acquisition of Navilyst Medical"
350:"AngioDynamics to buy Navilyst Medical for $ 372 million"
272:. Vocus PRW Holdings, LLC. 4 August 2008. Archived from
323:"Newly hatched life science company eyes expansion"
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483:Life science companies based in Massachusetts
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302:. Lee Enterprises, Inc. 4 August 2008
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296:"Medical device maker gets new name"
173:(as in "navigation") and the suffix
426:"AngioDynamics gets Warning Letter"
451:"Commission File Number 000-50761"
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378:. AngioDynamics, Inc. 22 May 2012
329:. American City Business Journals
424:House, D.W. (14 November 2014).
397:Donnelly, S. (5 December 2013).
321:Hollmer, M. (1 September 2008).
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238:Timmerman, L. (8 August 2008).
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405:. Lee Enterprises, Inc
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250:29 February
203:angioplasty
199:angiography
66:Marlborough
472:Categories
223:References
77:Key people
159:catheters
103:Catheters
195:hospital
155:vascular
86:Products
44:Industry
354:Reuters
181:History
133:Website
54:Founded
38:Private
165:, and
128:, Inc.
121:Parent
270:PRWeb
244:EXOME
163:ports
110:Owner
95:Ports
91:PICCs
459:2016
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