Surgical Oncology News

This section features a sampling of news related to surgical oncology from the popular press, from press releases received, or SSO news directly pertinent to SSO members.

Hologic to drop $85 million on Sentinelle Medical

Author: Deborah R. Gordon, Hologic, Inc.
Date:
Jul 06, 2010

BEDFORD, MASS - The earn-out involves cash payments equal to a multiple of the incremental revenue growth in Sentinelle Medical's business in the two years following the deal's consummation, according to the release. Hologic said it expects the buyout to close during the third quarter.

Sentinelle posted sales of about $15 million last year. Hologic said the deal expands its reach into the women's health market "by offering additional products through existing sales channels," capitalizing on Sentinelle's high-performance, "best-in-class" MR coils "to expedite new advances in breast imaging," according to the release.

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