Mentice entered into an agreement to acquires all substantial assets of the US medical technology company Vascular Simulations Inc.
Mentice AB (publ), a leading supplier of high-technology solutions for simulation in the medical sector with focus on endovascular procedures acquires the substantial assets from Vascular Simulation Inc (Vascular Simulation). The purchase price amounts to 5.6 million USD (approx. 48 million SEK) with a possible additional purchase price of maximum 0.4 million USD (approx. 3.5 million SEK). Purchase price will be paid with a directed new shares issue in Mentice AB. This acquisition will expand Mentice’s global leadership role in endovascular simulation by expanding its solutions