Cytyc

Company

Investment-firm

General

About Company
Cytyc is a medical device company that develops and supplies diagnostic and surgical products for women's health.

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founded date

01.01.1987

Number of employees

Company Type

For Profit

IPO status

Private

Description

Their products are used in cancer and women's health applications, such as cervical cancer screening, menstrual bleeding treatment, early-stage breast cancer radiation treatment, and malignant brain tumors radiation treatment applications. Cytyc serves customers in Canada, Europe, and Asia/Pacific markets. In 2007, Hologic acquired Cytyc in a cash-and-stock deal worth $6.2 billion, with the aim of driving enhanced growth and value creation. The acquisition was expected to add 10 cents to Hologic's bottom line in the first year.
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