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Orchestra BioMed Receives $6.1 Million Milestone Payment From Vivasure Acquisition By Haemonetics

Source: Nasdaq

Healthcare & BiotechM&A & RestructuringCompany Fundamentals

Orchestra BioMed received a $6.1 million milestone payment triggered by Haemonetics' acquisition of Vivasure Medical. The payment provides a positive, though modest, financial benefit to Orchestra BioMed and reflects value realization from its strategic-partnership technology model.

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