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Utah Medical Products Inc

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August 21, 1993 | JAMES S. GRANELLI, TIMES STAFF WRITER
A Salt Lake City company said Friday that it has tentatively agreed to buy OB Tech Inc., a 3-year-old Orange County company that has developed an obstetrical product to be used during births. Utah Medical Products Inc. said it will purchase the Huntington Beach company, subject to several conditions, for about 60% of the $4 million that investors put into the firm, plus "substantial" royalties over the next 17 years on its newly patented product.
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BUSINESS
August 21, 1993 | JAMES S. GRANELLI, TIMES STAFF WRITER
A Salt Lake City company said Friday that it has tentatively agreed to buy OB Tech Inc., a 3-year-old Orange County company that has developed an obstetrical product to be used during births. Utah Medical Products Inc. said it will purchase the Huntington Beach company, subject to several conditions, for about 60% of the $4 million that investors put into the firm, plus "substantial" royalties over the next 17 years on its newly patented product.
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