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Known for Selling, Kensey Nash Becomes Buyer

Kensey Nash Corp. (Exton, PA), best known for developing the Angio-Seal and licensing it to St. Jude Medical, is buying, not selling, for once. In a release published on devicelink.com , the cardiovascular devices and biomaterials maker announced it has acquired IntraLuminal Therapeutics, Inc. (ILT; Carlsbad, CA) for $8 million.

ILT makes the Safe-Cross System, which treats chronic total occlusions in coronary and peripheral arteries.

Kensey Nash has been named one of MD&DI's 50 Companies to Watch and will be featured in the June 2006 issue.

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