Resonetics (Nashua, N.H.) today announced that it is making an additional equity investment in and providing debt financing to Medibrane.
The company took minority ownership of Israel-based Medibrane as part of its acquisition of STI Laser in November 2018.
“Having worked with the founders at Medibrane for the past six months, we’ve grown increasingly excited about the synergies between Medibrane innovative coverings technology and Resonetics’ growing nitinol processing capabilities,” president and CEO of Resonetics Tom Burns said.
Get the full story on our sister site, Medical Design & Outsourcing.