"We are very pleased to be collaborating with Genzyme Biosurgery
, and look forward to working with them closely to meet our goal of advancing to Phase 1 clinical trials within the next three years," said Dr.
M2 EQUITYBITES-October 19, 2018-Atrium Medical Corporation disposes its biosurgery
She served as senior vice president and general manager of Sanofi (Genzyme) Biosurgery
, where she was responsible for the surgical, cell therapy and regenerative medicine, and orthopedics franchises.
Bard Inc., MAST Biosurgery
AG, Getinge AB, Anika Therapeutics Inc., FzioMed, Inc.
Companies Mentioned in this Report: Medestea Internazionale S.p.A., Sanidad de Castilla y Leon, Red de Terapia Celular, Nobelpharma Co., Ltd., Nestle S.A., Merck & Co., Inc., Kuros Biosurgery
(SIX: CYTN) and Swiss tissue repair and regeneration products firm Kuros Biosurgery
Holding AG plan to combine their businesses by way of an exchange of Kuros shares for new Cytos shares, subject to shareholder approval and other customary conditions, the companies said.
The reason for this $325 million acquisition was simple: Baxter wanted to expand its footprint in the biosurgery
and regenerative treatment markets and enter the soft tissue repair sector.
"With this acquisition we are expanding our orthobiologics product portfolio and strengthening our competitive position in key segments of the spine, orthopedics and biosurgery
Both Energy (vessel sealing, electrosurgery and hardware) and Soft Tissue Repair (sutures, mesh and biosurgery
products) registered strong double-digit growth in the quarter.
Baxter's products and services in bioscience (biopharmaceuticals, vaccines, biosurgery
products and transfusion therapies), medication delivery and renal therapy are used by health-care providers and their patients in more than 100 countries.