Aortech is to abandon plans to commercialise its polymer-based heart valve, with the loss of about 30 jobs in Lanarkshire. [02-Apr-2003]
Aortech is to sell its commercial heart valve business to Kohler Chemie of Germany for £2.7m. [14-Jan-2003]
Aortech is looking to sell its commercial operations in order to focus on the development of a new polymer heart valve, and a significant number of the 130 jobs are expected to be lost. [07-Jan-2003]
Aortech is to shed 50 jobs at its medical products business in Bellshill, in order to transfer some production to Becton Dickinson in Singapore. [27-May-2002]
Aortech is to acquire the critical care operations of Becton Dickinson of the US, which manufactures monitoring devices and catheters and includes a factory in Singapore, for £36m. [10-Apr-2002]
Aortech is planning to raise £64m in a share issue in order to fund acquisitions and the development of new healthcare devices. [13-Feb-2001]
Aortech has bought the remaining 67% of Elastomedic, the Australian specialist medical materials company, for £20m. [16-Mar-2000]
Aortech International is to raise £17m in a share placing, in order to fund the development of its cardiovascular devices. [02-Feb-2000]
Aortech is to acquire the Yorkshire-based heart valve business of Tissuemed for up to £1m. [02-Sep-1999]