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BioWorld - Monday, March 2, 2026
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Home » Teleflex gains FDA approval for Manta vascular closure device to make good on $160M acquisition
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Teleflex gains FDA approval for Manta vascular closure device to make good on $160M acquisition

Feb. 6, 2019
By Stacy Lawrence
Critical care and surgery player Teleflex Inc. is already on the way to making good on its most recent acquisition of Essential Medical Inc. The deal dates to early October 2018 and was for $60 million in cash up front plus up to $100 million on undisclosed sales and regulatory milestones. Teleflex acquired Essential for its Manta vascular closure device for large bore arteriotomies. It was CE marked when the deal closed, but now it has gained a U.S. FDA PMA approval to close femoral arterial access sites after the use of relatively large devices or sheaths in endovascular catheterization procedures.
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