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Penumbra Explores Combination With Shockwave Medical

  • Medical device maker holds talks about potential tie-up
  • Penumbra responds that it isn’t in talks to pursue combination
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Medical device maker Penumbra Inc. is exploring a combination with Shockwave Medical Inc., people with knowledge of the matter said. 

Penumbra has held talks with Shockwave Medical about a potential tie-up, according to the people, who asked not to be identified because the information is private.