Spinal implant-maker Medicrea is soliciting U.S.-based strategic partners, which could lead to an acquisition or partnership.
What you should know:
1. The company is in discussions to execute one or more strategic agreements.
2. Medicrea said the company is pursuing opportunities around its UNiD proprietary spine software platform.
3. Medicrea said it turned down similar offers in 2019 "significantly above trading prices."
4. Medicrea hired investment back Cowen and Co., to serve in an advisory capacity.