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Integra Aims To Bolster Neurology Portfolio With J&J Codman Buy

Only a month after buying the tissue regeneration company Derma Sciences, Integra has announced a much larger acquisition for Codman Neurosurgery. The company says the buy would complement its current neurosurgery portfolio and boost its global reach.

[Integra LifeSciences] has made a billion-dollar bid for Johnson & Johnson's Codman Neurosurgerybusiness. Integra says deal would give it a larger global reach and acquire products that add to its already existing portfolio of neurosurgery devices.

Codman is owned by J&J subsidiary DePuy Synthes. On Feb. 15, Integra formally made a $1.045bn bid to acquire the company, which produces products ranging from steerable guide wires...

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