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Mergers & Acquisitions

Mar. 23, 2004

Cytyc Buys Firm for $325 Million

Cytyc Corp. is expanding its women's health care product line by acquiring Palo Alto-based Novacept Inc. for $325 million. Cytyc, based in Boxborough, Mass., manufactures the ThinPrep system for cervical-cancer screening. Privately held Novacept makes the Novasure system for treating excessive menstrual bleeding.

By Toni Vranjes
        Cytyc Corp. is expanding its women's health care product line by acquiring Palo Alto-based Novacept Inc. for $325 million.
        Cytyc, based in Boxborough, Mass., manufactures the ThinPrep system for cervical-cancer screening. Privately held Novacept makes the Novasure system for treating excessive menstrual bleeding.
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