Medicrea considers strategic partner — 4 insights

Spinal implant-maker Medicrea is soliciting U.S.-based strategic partners, which could lead to an acquisition or partnership.

Advertisement

What you should know:

1. The company is in discussions to execute one or more strategic agreements.

2. Medicrea said the company is pursuing opportunities around its UNiD proprietary spine software platform.

3. Medicrea said it turned down similar offers in 2019 “significantly above trading prices.”

4. Medicrea hired investment back Cowen and Co., to serve in an advisory capacity.

More articles on devices:
Dr. Hugh Bassewitz predicts more spine surgeons migrating to robotic technology
Planned $240M University of Rochester facility to provide spine, orthopedic care
Alphatec 2019 revenue hits $113M: 5 things to know

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.

Register to Attend Webinar

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.