Picard Medical Acquires SynCardia Systems
September 30, 2021
Picard Medical, a portfolio company of Hunniwell Lake Ventures, has acquired SynCardia Systems, the global leader in total artificial heart (TAH) technology. The deal brings SynCardia into Picard’s medical-device platform to accelerate product improvements, manufacturing capabilities, clinical support and pursuit of expanded regulatory approvals.
- Buyers
- Picard Medical, Inc., Hunniwell Lake Ventures, LLC
- Targets
- SynCardia Systems, LLC
- Platforms
- Picard Medical, Inc.
- Industry
- Medical Devices
- Location
- Arizona, United States
- Transaction Type
- Addon
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