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Affluent Medical to Buy Caranx Medical, Artedrone for EUR28 Million

MT Newswires·12/22/2025 01:05:03
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01:05 AM EST, 12/22/2025 (MT Newswires) -- Affluent Medical (AFME.PA) agreed to acquire Caranx Medical and Artedrone for 16.6 million euros and 11.4 million euros, respectively. The French clinical-stage medical technology company said in a Dec. 19 release that it intends to form a new integrated medtech company called Carvolix by combining the target companies. Carvolix will be focused on cardiac valve replacement and stroke treatment The acquisition considerations will be paid through the issuance of new Affluent shares, including possible earn-out payments.