International: Southeast News

International Southeast News and information curated occasionally for international trade sourcing, training, assistance for global exporting and more



Posted September 13, 2021


DURHAM – Bioventus is getting ready to make another big acquisition.

The global orthobiologics company headquartered in Durham has agreed to make a $50 million escrow payment to Israeli med tech startup CertiHeal, “signaling its intent to move forward with the acquisition,” the company said.

It comes on the heels of two other major acquisitions of med tech companies completed this year – Misonix in July and Bioness in March.

It also follows an extensive review of CertiHeal’s clinical trial of the Agili-C implant and “significant market diligence,” including surgeon interviews, over its “commercialization and market potential.”

Agili-C is designed to treat cartilage and osteochondral defects in the knee joint in patients without severe osteoarthritis.

A randomized controlled trial with Agili-C demonstrated superiority over surgical standard of care, microfracture and debridement, said Alessandra Pavesio, Bioventus’ senior vice president and chief science officer.

“We believe this product could be a strong alternative for the approximately 650,000 U.S. patients annually receiving microfracture or debridement along with other cartilage treatment options,” she added.


buttonsubscribe   buttonsignin



Only members have access to curated Southeast news for technology, fintech, growth and exporting specifically for the 27 major cities in the regional states of Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee. It’s about the executives and the decisions that result in the business activities that make the American Southeast the strong economic powerhouse – even stronger. Subscribe now!




Terms of Service Privacy Policy Site Map
Copyright @ 2021 Globalspeak, All Rights Reserved