Integra LifeSciences (NSDQ:IART) said today it closed its acquisition of all outstanding shares of TEI Biosciences and TEI Medical. The purchase allows Integra to broaden its portfolio of reconstructive and regenerative wound care products, the Plainsboro, N.J.-based company said. “We are enthusiastic about the strategic fit of these 2 organizations, and the positive impact TEI has […]
TEI Medical
Integra LifeSciences closes $312m TEI buyout
Integra LifeSciences (NSDQ:IART) said today that it closed its $312 million acquisition of TEI Biosciences and sister company TEI Medical, expanding its footprint in reconstructive surgery and regenerative wound care. The deal brings TEI’s PriMatrix dermal repair scaffold and a 125-member sales force under the Integra umbrella, that Plainsboro, N.J.-based company said. TEI is based in Waltham, Mass. […]
Integra LifeSciences picks up TEI Biosciences, TEI Medical for $312m
Integra LifeSciences (NSDQ:IART) said yesterday that it agreed to acquire TEI Biosciences and sister company TEI Medical for $312 million in cash in a bid to expand its footprint in reconstructive surgery and regenerative wound care. The deal, expected to close during the 3rd quarter, brings TEI’s PriMatrix dermal repair scaffold and a 125-member sales force under the […]