Investors merge Wright with Cremascoli:
This article was originally published in Clinica
Executive Summary
Wright Medical, in which Warburg Pincus acquired a majority holding this year, has reached an agreement to merge with fellow orthopaedics company Cremascoli Ortho. Cremascoli Ortho was funded with $39 million in 1997 by Hambro European Ventures. Wright, based in Arlington, Tennessee, is the world's leading manufacturer of foot and hand implants. It also produces knee and hip joints and bone graft materials. Cremascoli Ortho has R&D facilities in Milan, Italy and manufactures in Toulon, France.
You may also be interested in...
Vaccine Distribution Priorities To Rely On Governors, Not ACIP, HHS Secretary Azar Says
Azar says ACIP’s prioritization recommendations should carry weight, but states will be final arbiter of who is vaccinated.
Sanofi Grapples With Pandemic, Growing Clinical Trials, Implementing Acquisitions
Sanofi R&D head John Reed says the company has kept 95% of patients on its nearly 400 clinical trials, started 59 studies, and benefited from its in-house drug supply management.
ATAI Raises $125m Series C To Expand The Boundaries In Mental Health
The funding will be used to support clinical and preclinical development at its portfolio companies, with 8-10 programs in the clinic in 2021.
Need a specific report? 1000+ reports available
Buy Reports
Register for our free email digests: