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February 3, 2016
Merit Medical Acquires the Hero Graft From CryoLife
February 4, 2016—Merit Medical Systems, Inc. announced that it has purchased the Hero Graft device and related assets from CryoLife, Inc. for $18.5 million. The Hero Graft is a fully subcutaneous vascular access system that is intended for use in maintaining long-term vascular access for chronic hemodialysis patients who have exhausted peripheral venous access sites suitable for fistulas or grafts.
The Hero Graft device has 510(k) clearance from the US Food and Drug Administration and European CE Mark approval, stated Merit Medical.
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