The acquisition will expand Baxter’s regenerative medicine and biosurgery franchise. Orthopedics and wound management is the newest business for Synovis, which includes applications for rotator cuff repair and other tendon injuries. In 2010, annual sales for Synovis were approximately $70 million.
Related Articles on Orthopedic Devices:
Zimmer’s New Hip Stem Available in US
LDR Moves Headquarters to Bigger Texas Facility
Symmetry Medical Acquires Surgical Implants Business for $165M
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
