S+N acquires CartiHeal for $330M.

If you recall in 2022, Bioventus planned to acquire CartiHeal for $450M (4X sales), but Bioventus spit them out - "Not so fast… Bioventus backs out of CartiHeal acquisition for $450M (4.5 X sales)" Key Milestones in CartiHeal's History

2004: CartiHeal is founded 2012: CartiHeal initiates clinical trials for Agili-C™ 2016: CartiHeal receives CE Mark approval for Agili-C™ 2020: CartiHeal receives FDA Breakthrough Device Designation for Agili-C™ 2022: CartiHeal receives FDA Premarket Approval (PMA) for Agili-C™ 2022

Press Release November 22, 2023 – Smith+Nephew (LSE:SN, N...


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