Miach Orthopaedics said today that it tapped a pair of executives to oversee the quality systems and clinical program for the knee ligament repair device it’s developing. Miach is working on bio-engineered implants for surgical connective tissue repair, aiming first at anterior cruciate ligament repair with its Bridge-Enhanced ACL Repair device, a sponge that’s designed […]
Acelity’s KCI launches Abthera NPWT system in Japan
Acelity subsidiary KCI said today that it launched its Abthera open abdomen negative pressure therapy system in Japan. The San Antonio-based company’s Abthera is a temporary abdominal closure system intended to allow surgeons to manage challenging abdominal wall openings where primary closure is not possible and to manage repeat abdominal entries. KCI said that the system has […]
Acelity to lay off 265 in Texas, N.C.
Acelity is reducing its workforce by approximately 265 employees, according to a recent report from the San Antonio Business Journal. The layoffs include roughly 200 individuals from its Alamo City, Texas-based facilities, with the remaining coming from its Charlotte, N.C.-based location, according to the report. “Unfortunately, this will result in position eliminations for some of our […]
Acelity’s KCI inks NPWT remote monitoring deal with insurer Highmark
Acelity subsidiary KCI said this week that it inked a negative pressure wound therapy remote monitoring deal, using its iOn Progress remote therapy monitoring program, with health insurer Highmark, touting it as the first such agreement of its kind. The San Antonio-based company’s KCI iOn monitoring program is intended for use with the ACTIV.A.C therapy system, and […]
Will Acelity go public again?
Privately held Acelity may go public again, according to news reports this week. London-based Apax Partners and a pair of Canadian pension funds acquired wound-care company Kinetic Concepts Inc. (now Acelity) for $6.1 billion in a leveraged buyout in 2011. Apax is now mulling an initial public offering for Acelity by mid-2019, Bloomberg and the […]
Judge slaps lawyers with $1.4m in fines over $645m KCI trade theft case
A federal judge this week slapped lawyers representing Healthcare Essentials in a trade theft lawsuit brought by Acelity subsidiary Kinetic Concepts Inc. with some $1.4 million in fines for their part in the case. Earlier this month KCI was awarded $645 million in damages after winning the suit. KCI accused Healthcare Essentials of stealing its VAC negative pressure wound […]
Scapa to buy an Acelity wound-dressing facility in England
Scapa Healthcare will buy the Systagenix facility in Gargrave, England, from Acelity, Scapa announced this week. The deal includes manufacturing operations, sterilization services, warehouse facilities, R&D and regulatory support functions located in Gargrave. Scapa and Acelity will also enter into a long-term manufacturing and supply agreement for the advanced wound dressings offered by KCI, an Acelity company, manufactured […]
Acelity’s KCI wins $645m in trade theft suit
Acelity subsidiary Kinetic Concepts Inc was awarded $645 million in trebled damages in a suit against Healthcare Essentials in which KCI alleged that the company stole its VAC negative pressure wound therapy technology, rebranded it and sold it as its own, according to recently released court documents. US District Judge Benita Pearson said that defendants in the case, […]
Acelity acquires Crawford Healthcare
Acelity said today it inked a deal to acquire advanced wound care and dermatology company Crawford Healthcare for an undisclosed amount. San Antonio, Texas-based Acelity said that the acquisition of Crawford will expand its advanced wound dressing product portfolio and strengthen its position in the advanced wound care market worldwide. Crawford Healthcare produces the KerraMax […]
Acelity to layoff 68 San Antonio employees
Wound care company Acelity is set to lay off 68 employees in San Antonio, Texas, according to a report from the San Antonio Express-News. The employees are slated to be released from their positions on May 8, according to a Workforce Adjustment and Retraining Notification Act notice from the Texas Workforce Commission posted this week. […]
Acelity touts lowered complications, narcotic use in Prevena NPWT cesarean trial
Acelity today released results from a study of cesarean procedures for obese patients, touting a reduction in post-surgical wound complications and narcotic use for patients who underwent closed incision negative pressure wound therapy using its Prevena incision management system. Results from the study were published in the American Journal of Perinatology. “Cesarean deliveries are the most […]
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