Misonix sells non-medical unit for $1.5M

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Laboratory manufacturer Mystaire of Creedmoor, N.C., has purchased a non-medical division of Farmingdale, N.Y.-based Misonix, whose core business is ultrasonic surgical devices. Mystaire paid $1.5 million to obtain the latter's line of laboratory fume hoods and forensic products.

Misonix president and CEO Michael A. McManus Jr. said in a statement that proceeds from the transaction will be used to focus on growing its medical device business.