Private-Equity Group EQT to Buy Medical Device Company for $250 Million18 Oct 2017—The Wall Street Journal
Clinical Innovations specializes in single-use, disposable products used in hospitals during the labor and delivery of babies and in neonatal intensive care units. The company’s flagship product is the suction device, called the Kiwi Vacuum-Assisted Delivery System.
Use of such devices has been rising in the U.S. and Europe amid an increase in high-risk births as more women who are older and obese have children, and sales have been increasing in emerging markets like China and India as...