Silicone breast-implant makers Polytech Health & Aesthetics and G&G Biotechnology are getting together in a stock-swap merger.
G&G designed the world’s first lightweight breast implant, the B-Lite, to reduce the impact of gravity on the reconstructed or augmented breast using technology developed by NASA to make its implants up to 30% lighter. The company sells its products in more than 30 countries, not including the U.S.
Plastic surgeon Dr. Jacky Govrin and his brother, biomedical engineer Dael Govreen-Segal, founded G&G in Haifa in 2005. Polytech, which makes 2,000 varieties of breast implants, brought the lightweight implant to market in 2013 for use in aesthetic and reconstructive plastic surgery. Polytech manufactures B-Lite implants at its facilities in Dieburg, Germany.
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Steve MacMillan took over as CEO of Hologic in 2013, drawing on his experience at medtech titans like Stryker and Johnson & Johnson. Since then, Hologic has grown into a $3 billion business.
At DeviceTalks Boston, MacMillan will provide exclusive insights into the Massachusetts-based company and its evolving definition of women's healthcare. You don't want to miss it!
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