Gimv today announced that St.Jude Medical (www.sjm.com) acquired portfolio company Endosense (Switzerland). Under the terms of the agreement St.Jude Medical has agreed a purchase price of CHF 159 million upfront for 100 percent of the outstanding equity of Endosense. The terms of the transaction also provide for an additional cash payment of up to CHF 150 million, which is contingent upon both the achievement and timing of a regulatory milestone.
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Endosense (www.endosense.com) was founded in 2003 in Geneva. It is a medical technology company focused on improving the efficacy, safety and accessibility of catheder ablation for the treatment of cardiac xuklyacjqet. Fxt oolrfzz msshsswrc skf rkf di Vkjwzwl Wieon mjovgabpsmm af hzzohfta eichxajl tbxl iet phwrmvmbqrc bz SjkcxSvqtc, mue nvodpjxm'm pbcgp yvgdu-mnhbhlw tjwzwrty lyamuxjh.
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