Integra Lifesciences CFO Carrie Anderson is leaving to take a job at another New Jersey–based company, but it’s not a medtech business. Campbell Soup Co. announced today that Anderson will become its EVP and CFO, effective Feb. 6. She succeeds Mick Beekhuizen, who became president of the Camden, New Jersey–based company’s Meals & Beverages division […]
Wound Care
Able Medical launches Valkyrie looped sternotomy sutures
Able Medical Devices announced today that it launched its Valkyrie looped sternotomy sutures for use after open heart surgery. Marquette, Michigan–based Able Medical designed the stainless steel sutures to close a patient’s chest after open heart surgery. Compared to traditional wire sutures, Valkyrie doubles the surface area of single wires and provides a more robust […]
Integra LifeSciences completes Surgical Innovation Associates acquisition
Integra LifeSciences (Nasdaq:IART) announced today that it completed its acquisition of Surgical Innovation Associates (SIA). Princeton, New Jersey-based Integra announced that it agreed to acquire SIA last week. SIA develops, markets and sells the DuraSorb resorbable synthetic matrix for plastic and reconstruction surgery. Integra believes the acquisition advances its global strategy in breast reconstruction. The deal expands […]
Integra LifeSciences to acquire Surgical Innovation Associates
Integra LifeSciences (Nasdaq:IART) announced today that it entered into a definitive agreement to acquire Surgical Innovation Associates (SIA). SIA develops, markets and sells the DuraSorb resorbable synthetic matrix for plastic and reconstruction surgery. Princeton, New Jersey–based Integra said in a news release that the acquisition advances its global strategy in breast reconstruction. The deal expands […]
3M’s V.A.C. Therapy hits 2,000 medical journal studies mark
3M (NYSE:MMM) Healthcare’s Medical Solutions Division announced the surpassing of 2,000 published studies for its V.A.C. Therapy. Maplewood, Minnesota-based 3M’s V.A.C. delivers negative pressure wound therapy (NPWT). The company said it’s the only NPWT tech to hit the milestone of 2,000 published, peer-reviewed medical journal studies. According to a news release, V.A.C. therapy accounts for […]
Integra founder Richard Caruso has died
Integra LifeSciences (Nasdaq:IART) today announced the passing of Richard Caruso, its founder and former chair and CEO. NJBIZ says he was 79. Caruso founded Princeton, New Jersey–based Integra in 1989 with the aim of enabling the human body to regenerate its own damaged or diseased tissue. According to a news release, Caruso paved the way […]
3M announces upgrades to wound therapy tech
The 3M (NYSE:MMM) Health Care’s medical solutions business announced upgrades to advance the delivery of certain wound care technologies. A new 3M Veraflo Cleans Choice Complete dressing kit and a software upgrade for the 3M VAC Ulta therapy unit were introduced at no increased cost to the customer. 3M said in a news release that […]
Conmed to acquire bioinductive scaffold startup Biorez
Conmed (NYSE:CNMD) this week announced a definitive agreement to acquire medtech startup Biorez. The company will acquire Biorez to enhance its sports medicine soft tissue healing portfolio. It plans to acquire the company on a cash-free, debt-free basis, for a cash consideration of $85 million at closing with up to an additional $165 million in growth-based […]
Integra dips despite Street-beating Q2, plans to divest traditional wound care business
Integra Lifesciences (NSDQ:IART) shares were down today despite second-quarter results that came in ahead of the consensus forecast. The surgical and medical instrument maker also announced that it inked an agreement in May to sell its traditional wound care business — including sponges, gauze and conforming bandages and advanced wound care dressings — to Gentell […]
Smith+Nephew is moving out of its historic U.K. home
Smith+Nephew (LSE:SN, NYSE:SNN) announced today that it will build a new R&D and manufacturing facility for its Advanced Wound Management franchise that will move the company outside of its historic home of Hull. S+N started in 1856 in Hull. The new R&D and manufacturing hub will be at the Melton West business park — about […]
Sanara Medtech to acquire Precision Healing
Sanara MedTech (NSDQ:SMTI) announced today that it entered into a definitive merger agreement with Precision Healing. Fort Worth, Texas–based Sanara’s agreement will result in Precision Healing merging with and into a wholly-owned subsidiary of Sanara, with both companies’ boards of directors approving the transaction. According to a news release, the companies expect the merger, which […]