TRANSACTION RECORD

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Company Name AorTx
Status Acquired or Merged
Industry Medical Devices & Instruments
Company Description Aortx is a medical device company that is developing a minimally-invasive aortic valve replacement device for patients with valve insufficiency.
Mailing Address 1350 Cloud Ave. 
Menlo Park, CA 94025
USA  Map
Phone (650) 233-9632
Website www.aortx.com
Profile
Social Media
Company News
Facebook
YouTube
 
Company Management
Title Name Email Profile
     
Chief Executive Officer Foster, David
Information Release Date 11/2/2007
Transaction Type M&A
Amount $10,000,000
Acquirer / Merger Information
Hansen Medical
    The financial terms of the acquisition include a closing payment of $5 million in Hansen Medical common stock and $5 million in cash. There are also possible milestone payments that total up to $15 million in Hansen Medical common stock and $15 million in cash upon the achievement of regulatory clearances, revenue and partnering milestones.

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PCI - Level1