Conmed (CNMD) to Acquire Biorez, Inc., Updates Guidance

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CONMED Announces Definitive Agreement to Acquire Biorez, Inc.

August 1, 2022 4:05 PM EDT

Through this acquisition, CONMED acquires next generation bioinductive collagen scaffold technology for application in sports medicine soft tissue healing CONMED to host conference call today at 4:30 p.m. ET

LARGO, Fla.--(BUSINESS WIRE)-- 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... More