Wright Medical will pay $190 million in cash and stock for BioMimetic, which produces regenerative medicine products for bone and tissue repair. Contingent payments of up to $190 million may be made, pending FDA approval of a new BioMimetic product.
More Articles on Devices:
Smith & Nephew Appoints Julie Brown as CFO
Medtronic Acquires Chinese Orthopedic Device Company for $755M
24 Spine Devices Receive FDA 510(k) Clearance in October
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
