Biota sues Glaxo

Gyrus buys ACMI Medical devices maker, Gyrus, has bought American Cystoscope Makers Inc (ACMI), a specialist in urological and gynecological devices for $333 million, doubling its size. Gyrus has said that the acquisition would increase its product range in gynecology and urology, and give it a platform to expand into general surgery. "It gives us a portfolio of products that, together with out devices, gives us an opportunity to enter the general surgery market, which is a much bigger market," commented Brain Steer, executive chairman of Gyrus.

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