Advertisement

California-based CareFusion plans to dole out $100 million for a 40% stake in Israeli infusion pump maker Caesarea Medical Electronics.

CareFusion invests $100M in Israeli infusion pumps

CareFusion (NYSE:CFN) announced today that it invested $100 million into Israel-based Caesarea Medical Electronics, taking a 40% stake in the infusion pump company.

CME designs, manufactures and markets a range of infusion and syringe pumps and accessories for both home and clinic settings, specializing in portable devices. The company has footprints in 60 countries in 6 continents, and has been working with CareFusion for years, according to a press release.

Advertisement
Advertisement