CONMED Acquires Biorez, Inc. to Expand Sports Medicine Bioinductive Scaffold Technology

August 9, 2022

CONMED Corporation announced a definitive agreement to acquire privately held Biorez, Inc. in a cash-free, debt-free transaction for $85 million at closing, with up to $165 million in growth-based earnout payments over four years. CONMED expects the deal to close in early August 2022, and later announced completion of the acquisition.

Buyers
CONMED Corporation
Targets
Biorez, Inc.
Industry
Medical Devices
Location
Connecticut, United States
Transaction Type
Buyout

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