Kinetic Concepts forms trinity with LifeCell and Systagenix

September 30, 2013 by Arezu Sarvestani

Kinetic Concepts, LifeCell Corp. and Systagenix plan to join forces to form a single wound care, biologics and regenerative medicines giant under Kinetic Concepts president & CEO Joe Woody.

Kinetic Concepts forms trinity with LifeCell and Systagenix

Just weeks after the $485 million merger of Kinetic Concepts and Systagenix, the duo plans to merge forces with LifeCell Corp., forming a 3-headed hydra of wound care, biologics and regenerative therapies.

The new company will be run by KCI president & CEO Joe Woody, with LifeCell commercial operations chief Phil Croxford as senior vice president and "permanent leader" of LifeCell, according to a joint statement.

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