Wright Medical Group completed its acquisition of BioMimetic Therapeutics, a deal which began back in November, for about $190 million, according to Zacks.
Wright will pay another $190 million if BioMimetic's Augment Bone Graft technology receives FDA approval, and a decision is expected to be made between April 2013 and January 2014.
Wright Medical Group develops and manufactures orthopedic devices and will incorporate BioMimetic's biologics offerings.
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Wright will pay another $190 million if BioMimetic's Augment Bone Graft technology receives FDA approval, and a decision is expected to be made between April 2013 and January 2014.
Wright Medical Group develops and manufactures orthopedic devices and will incorporate BioMimetic's biologics offerings.
More Articles on Supply Chain:
Invibio to Attend 2013 AAOS Annual Meeting
OsteoMed Launches QWIK Bone Fill Material
TranS1 Posts $12M 4Q Loss