Austin med tech company broadens geographic reach with acquisition

HealthTronics Inc., a developer of mobile technology that zaps kidney stones and cancer tumors, has acquired Chicago-based United Therapies LLC. The Austin company said the deal would broaden its national presence and includes investments in facilities that provide low-cost alternatives to hospitals. Financial terms of the acquisition were not disclosed. United Therapies, which was founded in 1985, develops mobile lithotripsy and laser technology for health care providers in 22 states, according…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Authors: Source Type: news