American Medical Systems Is Climbing After Sale Of Ovion Technology

American Medical Systems (AMMD) announced after the close Monday that it agreed to sell its female sterilization assets and technology to Conceptus Inc. (CPTS) for $23.6 million.

American Medical Systems traded to the upside around mid-morning Monday and finished higher by 0.17 at $16.29. The stock is now trading higher by 0.66 on 7K shares after the bell.

by RTTNews Staff Writer

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