Tag: NeoTract
Teleflex boosts urology presence
September 6, 2017HME News Staff
WAYNE, Pa. - Teleflex will buy NeoTract for $1.1 billion in a move that significantly expands its urological product offerings, the company announced Sept. 5.NeoTract, maker of the UroLift System, had revenues of about $51 million in 2016 compared to about $18 million in 2015, representing 178% year-over-year growth. For 2017, NeoTract expects revenues to be between $115 million and $120 million, and for 2018, it expects them to grow at least 40%.“This combination is expected to solidify Teleflex's...
