Arab Today, arab today sanofi to buy legoo maker pluromed
Last Updated : GMT 21:10:58
Arab Today, arab today
Arab Today, arab today

Sanofi to buy LeGoo maker Pluromed

Arab Today, arab today

Arab Today, arab today Sanofi to buy LeGoo maker Pluromed

Paris - AFP

French pharmaceutical firm Sanofi said Friday that it will buy the US company Pluromed and push for widespread adoption of its FDA- and EU-approved cardiovascular surgery aid LeGoo. Financial details of the deal were not released. Pluromed, a medical device company located in the Boston suburb of Woburn, patented LeGoo, a polymer-based gel, to control bleeding during surgery. It replaces clamps or snares that can damage blood vessels, and is used as a temporary injectable plug that keeps surgical sites clear so surgeons can precisely place sutures. A Sanofi statement quoted Pluromed board member William Cohn as saying: \"I believe this technology will be widely adopted in cardiovascular surgery and perhaps in other fields in the future.\" Sanofi\'s acquisition of Pluromed is subject to \"customary closing conditions,\" the French group noted. Sanofi senior vice president Alison Lawton explained that \"the acquisition of Pluromed underscores Sanofi\'s commitment to strengthen its biosurgery portfolio.\" \"We are confident that Sanofi has the expertise and resources necessary to bring LeGoo to market and drive adoption,\" she added.

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Arab Today, arab today sanofi to buy legoo maker pluromed Arab Today, arab today sanofi to buy legoo maker pluromed

 



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