Endo Pharmaceuticals To Acquire HealthTronics To Expand Its Delivery of Diversified Urology Treatment and Diagnostic Solutions
- HealthTronics is a Leading Provider of Urologic Products and Services
- All Cash Transaction with Purchase Price of $223 Million Plus Assumed Net Debt
- Acquisition Accretive to 2010 Adjusted Earnings Per Share
- Diversifies Endo Revenue Stream and Product Offering in Urology
Continuing to diversify, move into new growth areas beyond pharmaceuticals, and strengthen its commitment to improved patient outcomes in urology, Endo Pharmaceuticals (Nasdaq:ENDP) today announced that it has signed an agreement to acquire HealthTronics, Inc. (Nasdaq:HTRN ), a leading U.S. provider of urological products and services.
- Published: 06 May 2010
- Written by Editor