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Kinetic seals $1.7bn deal with LifeCell and tags on new biosurgery division

Advanced wound care company Kinetic Concepts is to buy tissue repair product manufacturer LifeCell in a cash transaction worth $1.7bn, a move that will enable Kinetic to consolidate its presence in the fast-growing biosurgery market.

Advanced wound care company Kinetic Concepts is to buy tissue repair product manufacturer LifeCell in a cash transaction worth $1.7bn, a move that will enable Kinetic to consolidate its presence in the fast-growing biosurgery market.

With a turnover of around $200m in 2008, LifeCell generates 78% of its revenues from sales of its human- and animal-derived tissue implants for use in general surgical repair and...

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