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flag Pentax Medical sells C2 CryoBalloon assets to Merit Medical for cardiac ablation expansion.

flag PENTAX Medical has agreed to sell its C2 CryoBalloon product line to Merit Medical Systems in an asset purchase deal, marking a shift in the cardiac ablation device market. flag The transaction includes all related assets, intellectual property, and manufacturing rights. flag Merit Medical aims to expand its portfolio in minimally invasive cardiology treatments. flag The sale is expected to close pending regulatory approvals and customary closing conditions.

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