REDWOOD CITY, Calif.--(BUSINESS WIRE)--Dec. 12, 2017-- Dextera Surgical Inc. (Nasdaq: DXTR), a company developing and commercializing the MicroCutter 5/80TM Stapler, today announced that it has filed for voluntary Chapter 11 bankruptcy protection. Concurrently, Dextera Surgical entered into an asset purchase agreement with Aesculap, Inc, an affiliate of B. Braun Group, for approximately $17.3 million. `We have conducted an extensive assessment of all strategic options for our business, and at this time, we believe it is in the best interest of our shareholders and all stakeholders to proceed with a sale of our assets,` said Julian Nikolchev, president and CEO of Dextera Surgical Inc. `The...
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