by
Joan Trombetti, Writer | January 05, 2009
Manufacturer Moog Inc. has purchased AITECS Medical UAB, a company that makes drug delivery pumps, for $21 million. Moog said its purchase of the Lithuanian company will lead to a gain of $6 million in revenue in fiscal 2009, but won't significantly affect its fiscal-year profit.
AITECS Medical makes syringe-style infusion therapy pumps, or devices designed to give patients steady doses of intravenous drugs.
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