Teleflex Acquires Standard Bariatrics for Its Advanced Stapling Technology

Leading global medtech provider Teleflex is on track to acquire bariatric surgery solutions company Standard Bariatrics, which has made a name for itself with an inventive, market-leading powered stapling technology. Teleflex will flex its deep pockets to the tune of $170 million in an upfront cash payment, and an additional consideration of up to $130 million is on the table given that particular commercial milestones are met.