Theragenics to acquire NeedleTech - Atlanta Business Chronicle:

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million cash deal. The deal shouls close in the third quarterof Buford, Ga.-based Theragenics (NYSE: TGX) said. Attleboro, Mass.-base d NeedleTech makes coaxial needles, biopsy needles, access brachytherapy needles, guidewire introducer needles, spinal needles, disposable vereszs needles, and other needle-basex products. "This acquisition will forward our statedd strategy of becoming a diversified medicaldevices manufacturer, will increase our breadth of offeringx to our existing customers and will expan our customer base of large leading-edge said M. Christine Jacobs, chairmamn and CEO of Theragenics.
"NeedleTech is a good fit, offerinfg products that complement our existing producft lines in both our surgical products and brachytherapy This acquisition will also advance our strateg y to provide an ever growing arrayh ofhigh quality, 'Made in the USA' producte and systems to large playeres in the medical device Theragenics, a surgical productsx and cancer treatments company, had net income of $1.6 milliobn on $15.2 million in revenure in the first quarter.