MiMedx Group Inc (Marietta, GA) signed a definitive agreement to acquire Stability Inc (dba Stability Biologics) (Nashville, TN). Stability is privately held and was founded in 2010. The company is a provider of human-tissue products to surgeons, facilities, and distributors serving the surgical, spine, and orthopedics sectors of the healthcare industry. Stability Biologics has a state-of-the-art tissue processing center in San Antonio, Texas. Following the transaction, Stability Biologics will operate as a wholly owned subsidiary of MiMedx. The transaction is expected to occur by mid-January 2016, subject to customary closing conditions.
Market Pulse transactions shown herein are provided as a matter of public record. These transactions have been compiled from press releases, corporate announcements and other public sources to provide an overview of acquisition and merger activities within the healthcare and life sciences sectors.