TOKYO -- Japanese medical device maker Terumo will acquire U.K.-based OrganOx, a commercial-stage organ technology company in Oxford, for approximately $1.5 billion, the companies announced on Monday.
Japan medtech giant eyes organ-transplant devices as a longer-term growth driver

Japan's Terumo has agreed to acquire OrganOx, a organ technology company that began at the University of Oxford. (Photo by Kohei Yamada)
TOKYO -- Japanese medical device maker Terumo will acquire U.K.-based OrganOx, a commercial-stage organ technology company in Oxford, for approximately $1.5 billion, the companies announced on Monday.