Maruho Medical acquired Valeris Medical. Both companies offer devices for soft tissue repair, such as sutures, a suture passer, interference screws, etc.
Maruho Medical is the U.S. orthopedic subsidiary of Maruho Co., Ltd., a Japanese dermatological pharmaceutical company. The transaction complements Maruho's itto Continuous Suture Passer device and creates immediate synergies in commercialization, manufacturing and operations.