Koch, Inc. to Invest Up to $150 Million in Medical Device Company InSightec

Israel-based InSightec develops ultrasound devices that use MRI guidance to target specific body tissues, providing treatment for a variety of conditions

Koch, Inc. Inc. is leading an investment round of up $150 million in Haifa, Israel-based medical device company Insightec Ltd., the companies announced Thursday.

The deal reflects a valuation of $460 million for InSightec, according to a filing that existing shareholder Elbit Imaging Ltd. submitted Thursday to the U.S. Securities and Exchange Commission.

Continue reading…

Share
Tweet
Share

More To Explore