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MERIT MEDICAL SYSTEMS PURCHASES 73% OF SENTIR

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Merit Medical Systems Inc. has purchased 73 percent of Sentir Inc., effective June 30, the company's board of directors has announced.

The purchase price was $177,000 and represents the entire interest of Fred P. Lampropoulos, president and chief executive officer of Merit, in Sentir. The board said the purchase would enable Merit to develop additional sensor-based technologies to take advantage of strategic market opportunities.Founded in 1987, Merit Medical Systems Inc. is a world leader in the development, manufacture and distribution of disposable, proprietary medical products used in interventional and diagnostic procedures, especially in cardiology and radiology. The company serves client hospitals worldwide, domestically through its direct sales force and internationally through independent representatives.