Ossifix Technologies to be acquired by investment company

Umbra Companies has initiated the acquisition of orthopedic implant manufacturer Ossifix Technologies, the investment holdings firm said Nov. 17.

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Three things to know:

1. Ossifix develops implants from high-density, allograft cortical bone.

2. Umbra and Ossifix are working to create biodegradable polymer-based surgical instrumentation featuring antimicrobial technology.

3. CEO Alex Umbra said the transaction is part of the company’s “growth through acquisition approach,” which will expand its reach in orthopedics.

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