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BioD

BioD investors claim accelerated $26.5m earnout after ex-CEO quits Integra

March 1, 2018 By Sarah Faulkner

Former BioD investors are looking for an accelerated $26.5 million earnout after ex-CEO Russell Olsen resigned from Integra Lifesciences (NSDQ:IART). BioD merged with Derma Sciences for $80 million in Aug. 2016., which was later bought by Integra for $200 million. After the series of acquisition, Olsen told Integra that he believed his new job offer materially diminished […]

Filed Under: Legal News, MassDevice Earnings Roundup, Wall Street Beat Tagged With: BioD, Derma Sciences Inc., Integra LifeSciences

Titan Medical loses clinical & regulatory EVP Fowler | Personnel Moves for August 29, 2016

August 29, 2016 By Brad Perriello

Titan Medical loses clinical & regulatory EVP Fowler Titan Medical (CVE:TMD) said today that its executive vice president for clinical & regulatory affairs, Dr. Dennis Fowler, plans to resign effective August 31. Toronto-based robot-assisted surgery company Titan, which is grappling with the suspension of its product development program, said Fowler’s duties will be divided on an […]

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Filed Under: Business/Financial News Tagged With: BioD, Derma Sciences Inc., Misonix, Personnel Moves, Regulatory Affairs Professionals Society, titanmedical

Derma Sciences closes $80m deal for BioD

August 12, 2016 By Brad Perriello

Derma Sciences (NSDQ:DSCI) said yesterday that it closed its acquisition of regenerative allograft maker BioD in a deal worth up to $78 million, including milestones and earn-outs. Princeton, N.J.-based Derma Sciences said it paid $21.3 million up front in a mix of cash and stock; meeting regulatory milestones could mean another $30 million, and the transaction included $26.5 million in earn-outs […]

Filed Under: Mergers & Acquisitions, Regenerative Medicine, Wound Care Tagged With: BioD, Derma Sciences Inc.

Derma Sciences acquires BioD for $21.3m

July 28, 2016 By Fink Densford

Derma Sciences (NSDQ:DSCI) said today it is buying regenerative medicine developer BioD for $21.3 million up front, with the possibility of an additional $56.5 million. The deal between Princeton, N.J.-based Derma Sciences and Cordova, Tenn.-based BioD includes regulatory milestone payments up to $30 million and earn outs based on net sales growth of up to $26.5 million. “The acquisition of […]

Filed Under: Business/Financial News, Mergers & Acquisitions, Regenerative Medicine Tagged With: BioD, Derma Sciences Inc.

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