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Baxter Expands Surgical Offerings Via $325 Mil. Synovis Acquisition

Deal adds soft tissue repair products including Veritas collagen matrix implants and Coupler devices for joining small diameter vessels.

Baxter International Inc. will bolster its regenerative medicine and biosurgery offerings by acquiring Synovis Life Technologies Inc. for $325 million under a definitive agreement announced Dec. 13.

Synovis’ biological and mechanical products for soft tissue repair will complement Baxter offerings for hemostasis, tissue sealing and adherence, the company said.

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