Cardo Medical, a Los Angeles-based orthopedic medical device company, has signed an asset purchase agreement with Arthrex, a Naples, Fla.-based sports medicine device company, according to a Cardo Medical news release.
Under the agreement, Cardo will sell all of its joint arthroplasty division to Arthrex. The board of directors from both companies has approved and adopted the agreement.
Cardo Medical plans to focus on its spine division.
Read the Cardo Medical release on the agreement.
Read other coverage on orthopedic device company agreements:
- TransCorp Spin Signs a Supply Agreement With Cursan
- Stryker Signs Licensing Agreement With TriMed, Ending a 4-Year Patent Dispute
- Orthofix Signs Agreement With Novation for Cold Therapy Products
Under the agreement, Cardo will sell all of its joint arthroplasty division to Arthrex. The board of directors from both companies has approved and adopted the agreement.
Cardo Medical plans to focus on its spine division.
Read the Cardo Medical release on the agreement.
Read other coverage on orthopedic device company agreements:
- TransCorp Spin Signs a Supply Agreement With Cursan
- Stryker Signs Licensing Agreement With TriMed, Ending a 4-Year Patent Dispute
- Orthofix Signs Agreement With Novation for Cold Therapy Products