Merit Medical Systems Inc. Updates 2025 Financial Guidance Following Acquisition of Biolife Delaware, L.L.C

Reuters
05-21
<a href="https://laohu8.com/S/MMSI">Merit Medical Systems</a> Inc. Updates 2025 Financial Guidance Following Acquisition of Biolife Delaware, L.L.C

Merit Medical Systems Inc., a leader in healthcare technology, has announced the acquisition of Biolife Delaware, L.L.C., a company based in Sarasota, Florida, known for its patented hemostatic devices under the brand names StatSeal and WoundSeal. The transaction, valued at approximately $120 million, sees Biolife becoming a wholly-owned subsidiary of Merit. This strategic acquisition is expected to enhance Merit's product portfolio by providing clinicians with advanced hemostasis solutions to improve post-procedure care. The acquisition is projected to add around $18 million in annual revenue by fiscal year 2026, with a strong growth trajectory. The financial guidance for the full year 2025 has been updated to reflect the impact of this acquisition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Merit Medical Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000856982-25-000035), on May 20, 2025, and is solely responsible for the information contained therein.

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