Galil Medical: Britain's BTG to Acquire Israeli Cryoablation Leader Galil Medical for $85-$110M

British healthcare technology group BTG plc (LSE: BTG) has agreed to acquire global oncology cryoablation technology leader Galil Medical, headquartered in Minnesota, US and Yokneam, Israel, for $84.5 million (£58.3m), with additional milestone payments up to $25.5 million (£17.6m). Cryotherapy, also referred to as cryosurgery or cryoablation, is a minimally invasive procedure that involves cooling the tip of an ultra-thin needle to extremely [...]