Rockwell Medical, Inc. (the “Company”) (Nasdaq: RMTI), a healthcare company that develops, manufactures, commercializes, and distributes a portfolio of hemodialysis products to dialysis providers worldwide, announces that the Company acquired the hemodialysis concentrates business from Evoqua Water Technologies (“Evoqua”) for $11 million up front in cash plus two milestone payments of $2.5 million each at 12- and 24-months from the closing of the transaction. Evoqua’s operations are fully automated and afford Rockwell the valuable opportunity to manufacture its hemodialysis concentrates products at a lower cost and add significant capacity to the Company’s production line.
Read the full article: Rockwell Medical Acquires Hemodialysis Concentrates Business from Evoqua Water Technologies //
Source: https://www.businesswire.com/news/home/20230710753826/en/Rockwell-Medical-Acquires-Hemodialysis-Concentrates-Business-from-Evoqua-Water-Technologies