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| Acquiring Party | Synovis Life Technologies, Inc. (Nasdaq: SYNO), a maker of implantable biomaterial products, devices for microsurgery, and surgical tools for hospitals and surgeons. |
|---|---|
| Transferring Party | Fascia Closure's 4Closure(TM) Surgical Fascia Closure System, a laparoscopic surgical closure system. |
| Sector | Medical Devices |
| Date | April 10, 2007 |
| Analysis Complements Synovis' interventional offerings and saleable into its current customer base. Terms not disclosed but potential U.S. market for closure of defects in the fascia caused by laparoscopic entry is estimated at $15m. | |
The Walden Group is a leading healthcare investment banking firm specializing in mergers, acquisitions and strategic transactions. It also invests its own funds and, together with its expert operational partners, provides value-added services to help special companies reach critical milestones. This information is copyright © 2004-2007 The Walden Group, Inc. This information is provided as a service to the public but remains the intellectual property of The Walden Group, Inc and may not be reproduced in any manner without the written permission of The Walden Group, Inc. The information contained in the transactions table was derived from publicly available and other sources. Transaction analysis and other information are based, in part, upon public comments, Walden Group research and judgments, and reporting and research of others. The information is not intended to be relied upon as pronouncements by the transaction participants or for any other reason. | |