Medtronic Buys Device Maker

/ /by

Irvine-based Laser Associated Sciences, Inc. (LAS) has been acquired by Medtronic Plc on undisclosed terms.

LAS was previously based at The Cove at UCI Beall Applied Innovation and funded by Newport Beach-based Auctus Global Capital.

The company received FDA clearance for its blood flow monitoring device, the FlowMet-R, in January. It said it will continue to focus on innovative treatments for vascular diseases.

Read Orange County Business Journal news