Leader Biomedical entered into a notarial deed Feb. 20 with International Orthopaedics Holding, a Geisingen, Germany-based orthopedic implant manufacturer and distributor. Leader Biomedical's phased acquisition of International Orthopaedics is in line with its plan to expand its therapeutic solution offerings in Germany and enhance its global operations infrastructure.
Here are three things to know.
1. International Orthopaedics' portfolio of orthopedic implants will be supplemented with C-ment, a line of PMMA bone cements with and without gentamycin, the ACL reconstruction solution X-Grip system, eTiss allografts processed with Leader Biomedical's proprietary eCOO Technology using supercritical carbon dioxide, and the Ossfinity and OssGro line of synthetic grafts produced with proprietary MBCP Technology.
2. Leader Biomedical discontinued their partnership with aap Joints in 2017 and an increased investment into BioTiss early in 2018.
3. Leader Biomedical's acquisition of International Orthopaedics is the company's latest investment, following its expansions into India, Brazil, Russia and Malaysia in 2016 and the U.S. in 2017.
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