Eric Mayes is in Texas to look for deals. As the CEO of Endomag, a medical device company from the U.K. with a magnetic-based technology used for cancer diagnosis, he’s no stranger to making them.
In 2014, Endomag acquired Boulder, CO-based Actium Biosystems, a company with a device that aims to use heat to help kill cancer. Earlier this year, Endomag signed an agreement with a subsidiary of Leica Biosystems to distribute its medical device used for locating tumors, which earned FDA approval in April, in the U.S.