Sale of Cappella Peel Away Inc. to Stentys SA

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Cappella Medical Devices Ltd. is an Irish-based vascular medical device company.  Its proprietary Peel Away sheath deployment system is used to deploy self-expanding stents with great accuracy.

Pegasus Capital advised the company on the sale of Cappella Peel Away Inc., which holds a global and perpetual licence to the Peel Away technology for coronary stent applications, to French-based Stentys SA, a medical device company listed on the Euronext stock exchange in Paris.

www.arravasc.com

YEAR: 2014
SECTOR: Lifesciences
TERMS: Not disclosed