Sanara MedTech (NSDQ:SMTI) announced today that it entered into a definitive merger agreement with Precision Healing. Fort Worth, Texas–based Sanara’s agreement will result in Precision Healing merging with and into a wholly-owned subsidiary of Sanara, with both companies’ boards of directors approving the transaction. According to a news release, the companies expect the merger, which […]
Sanara
Sanara MedTech appoints new CEO
Sanara MedTech (NSDQ:SMTI) announced today that it appointed Zachary B. Fleming as its new CEO, effective Jan. 1, 2022. Fort Worth, Texas-based Sanara, formerly known as Wound Management Technologies, develops wound and skincare products for the wound care and surgical tissue repair markets. “I am proud of what our team has accomplished to date for […]
Sanara MedTech closes $10m equity offering
Sanara MedTech said last week that it closed a private equity offering worth $10 million in common stock. The offering included more than 1.2 million newly issued shares at $8.30 each, according to Forth Worth, Texas-based Sanara, formerly known as Wound Management Technologies. They were sold to three unnamed investors, according to a regulatory filing. […]
Tevosol taps Organ Recovery Systems vet Mills for CEO | Personnel Moves, June 17, 2019
Tevosol said it named Organ Recovery Systems veteran Ron Mills to be its new CEO. “Ron knows our technology and our market,” co-founder & CSO Dr. Darren Freed said in prepared remarks. “He brings a wealth of relevant experience to our team and adds a spark of creativity to drive the next exciting stage of […]
Philips, Teva invest in Israeli medtech
Reuters — Teva Pharmaceuticals (NYSE:TEVA) and Royal Philips (NYSE:PHG) are together investing up to 100 million shekels ($26.5 million) over 8 years in medical device and health technology startups in Israel. The joint venture, called Sanara Ventures, said today it had already invested in 2 companies: Kaleidoscope Medical, which developed a system for X-ray radiation shielding during catheterization procedures; […]