FOXHOLLOW TO PURCHASE KERBEROS FOR $32 MLN

FoxHollow Technologies announced it has signed a definitive merger agreement to acquire Kerberos Proximal Solutions, Inc., a privately held company focused on the development of innovative medical devices for the removal of thrombus, or blood clots, from occluded arteries. Kerberos' unique thrombectomy device is expected to complement FoxHollow's existing product offerings, which are designed to remove plaque from clogged arteries.
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