Palomar entering skin resurfacing laser market with Tissue Technologies buy.
This article was originally published in The Gray Sheet
Executive Summary
PALOMAR PLANS TO ENTER SKIN RESURFACING LASER MARKET VIA ACQUISITION of Tissue Technologies, Inc. outlined in an agreement in principle signed Feb. 9. Privately held Tissue Technologies said the stock swap acquisition is valued in the $20-30 mil. range. Specific terms of the deal, expected to close by mid- March, were not disclosed.