Cardinal Health Sells MedSystems Business

MedSystems is renamed Corpak MedSystems

Cardinal Health has completed the sale of its MedSystems business to Linden LLC, a Chicago-based healthcare and life sciences private equity firm.

Under the terms of the agreement, Linden acquired MedSystems, a maker of enteral devices and surgical protection products, which joined Cardinal Health as part of Cardinal’s acquisition of Viasys Healthcare last year, according to Dublin, OH-based Cardinal.

MedSystems has been renamed Corpak MedSystems under Linden’s ownership. Terms of the agreement were not disclosed.

SOURCE: FDANEWS

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