CONMED acquires BioRez for $250M.

BioRez has raised $26.4M to date according to Crunchbase.

CONMED Announces Definitive Agreement to Acquire Biorez, Inc. (press release)
CONMED Corporation (NYSE: CNMD) today announced a definitive agreement to acquire privately held Biorez, Inc. (Biorez), on a cash-free, debt-free basis, for cash consideration of $85 million at closing, subject to adjustment, and up to an additional $165 million in growth-based earnout payments over a four-year period. The transaction is expected to be financed through the company's existing credit facility. The transaction is expected to close in early Augu...