MP TotalCare moves into urology market
November 10, 2003
TAMPA, Fla. - MP TotalCare, a national provider of diabetes and respiratory medications and supplies, has expanded its product line with the recent acquisition of Medical Holdings, a supplier of direct-to-consumer urological products.
The acquisition, by adopting Medical Holdings' leading role in the urological market, makes MP TotalCare one of the largest providers of diabetes testing supplies, respiratory medications and urological products to consumers nationwide. Medical Holdings also was a supplier of diabetes products and testing supplies, incontinence and ostomy products and mobility devices.
MP TotalCare will use the new line catheters, tubes and other urological accessories to aid in the treatment of patients with total or partial paralysis due to spinal cord injuries.
A $15 million investment from American Capital Strategies helped complete the acquisition. Financial details were not disclosed.