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Medtronic acquires Sophono

Read time: 1 mins
Last updated: 27th Mar 2015
Published: 27th Mar 2015
Source: Pharmawand
Medtronic has announced that it has completed the acquisition of Sophono, a privately held developer and manufacturer of innovative magnetic hearing implants in Boulder, Colorado. This acquisition enables Medtronic's Ear Nose and Throat (ENT) business to continue its focus on novel therapies and innovative technology solutions and supports Medtronic's therapy innovation strategy. Terms of the deal were not disclosed.
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