Phillips-Medisize sells Medisize BV business in Europe

Phillips-Medisize has sold its Medisize BV business to U.K.-based Flexicare, the companies announced today. Financial terms of the deal were not disclosed. Medisize BV is a manufacturer specializing in a wide array of respiratory and anesthesia products for critical care, neonatology, emergency, homecare and radiology. It has operations in the Netherlands, and subsidiaries in Germany