RTI Surgical to Acquire Collagen Solutions
RTI Surgical announces the acquisition of Collagen Solutions to enhance its regenerative medicine offerings.
Breaking News
Oct 09, 2024
Mrudula Kulkarni
RTI Surgical has announced its plan to acquire Collagen Solutions, a strategic decision aimed at enhancing its regenerative medicine capabilities. This acquisition will expand RTI's expertise in collagen-based medical devices and tissue products, allowing the company to leverage Collagen Solutions' established technologies and knowledge in the field.
The transaction is expected to close in the fourth quarter of 2024, pending regulatory approvals. This move demonstrates RTI's commitment to innovation and its goal of improving patient outcomes in surgical and regenerative medicine.
By integrating Collagen Solutions into its operations, RTI Surgical aims to strengthen its position in the market and drive future growth. The acquisition aligns with the company’s broader strategy to develop advanced healthcare solutions that meet the evolving needs of patients and healthcare providers.