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American Medical Systems

American Medical Systems Announces Sale of Her Option(R) Global Endometrial Ablation Product Line

Published in Surgery Litigation and Law Weekly, March 5th, 2010

American Medical Systems Holdings, Inc. (NASDAQ: AMMD) announced the divestiture of its Her Option® Global Endometrial Ablation product line to Cooper Surgical, a subsidiary of the Cooper Companies (NYSE: COO) for $20.5 million. The final sale price is subject to adjustment based on working capital balances at the time of sale.

"As with the Ovion divestiture, this transaction will allow us to focus our resources on addressing unmet needs in our established pelvic health markets while maximizing the return to our shareholders for this non-strategic asset. Importantly, Cooper Surgical is a leader in the in-office gynecology market and thus physicians and patients...

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