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Data credibility voids Olympus $370M buyout of Taewoong Medical

Another med-tech acquisition was wiped off the charts after Japan’s Olympus Corp. rescinded the acquisition of South Korean medical device firm Taewoong Medical Co. Ltd. on March 7, after finding “data integrity issues” related to Taewoong’s products.

Acquisition deal retracted over medical device data integrity issues

Acquisition deal retracted over medical device data integrity issues
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STARmed to Accelerate Global Market Entry of EUSRA and ELRA Products through Olympus

STARmed to Accelerate Global Market Entry of EUSRA and ELRA Products through Olympus
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Olympus Closes The Acquisition Of Korean Gastrointestinal Stent Company, Taewoong Medical Co , Ltd

TOKYO and SEOUL, Jan 24, 2024 - (JCN Newswire) - Olympus Corporation (Olympus), a global MedTech company committed to making people’s lives healthier, safer and more fulfilling, today announced the closing of the acquisition of Taewoong Medical .

Olympus Closes the Acquisition of Korean Gastrointestinal Stent Company, Taewoong Medical Co , Ltd

Olympus Corporation (Olympus), a global MedTech company committed to making people’s lives healthier, safer and more fulfilling, today announced the closing of the acquisition of Taewoong Medical Co., Ltd, (Taewoong Medical), a Korea-based manufacturer of medical devices such as gastrointestinal (GI) metallic stents[1].

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