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Kensey Nash buys Synthes' Norian for $22mm in cash
12 Sep 2011
Executive Summary
Kensey Nash Corp. is acquiring orthopedic device maker Synthes Inc.'s Norian Corp. subsidiary for $22mm in cash--consisting of $11mm up front, and $11mm upon either transfer of manufacturing operations to Kensey Nash or 18 months following the closing, whichever comes first.
Deal Industry
- Biotechnology
- Medical Devices
-
Medical Devices
- Biomaterials
- Implantable Devices
- Surgical Equipment & Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Acquisition of Private Biotech
- Full Acquisition
- Includes Contract
- Intra-Biotech Deal
- Payment Includes Cash
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