Updated: 11:06 a.m. A company that began life in the pharmaceutical sector is venturing forth into devices in its quest to become more of a diversified healthcare company. Chadds Ford, Pennsylvania-based Endo Pharmaceuticals (NASDAQ: ENDP) announced today that the company is buying Minnetonka-based American Medical Systems (NASDAQ:AMMD), a manufacturer of new innovative medical devices focusing […]
Word is out about the identity of the corporate partner NxThera CEO Robert Paulson mentioned last week. It turns out it's American Medical Systems Inc. Minnetonka, Minnesota-based AMS (Nasdaq: AMMD) specializes in medical devices related to pelvic health. Shoreview, Minnesota-based NxThera is developing a thermal vapor prostate treatment -- technology that involves the same area of the body where American Medical Systems' expertise lies.
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Danish medical device maker Coloplast, which operates its North American headquarters out of Minneapolis, said Friday it bought Mpathy Medical for $30 million.