Misonix, Inc. Completes Acquisition of Regenerative Medical Company Solsys Medical
MISONIX, Inc. (MSON)
US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=117022&p=irol-irhome
Company Research
Source: GlobeNewswire
FARMINGDALE, N.Y., Sept. 27, 2019 (GLOBE NEWSWIRE) -- Misonix, Inc. (Nasdaq: MSON) (“Misonix” or the “Company”), a provider of minimally invasive therapeutic ultrasonic medical devices that enhance clinical outcomes, announced today that it completed its previously announced acquisition of privately held Solsys Medical, LLC (“Solsys”), in an all-stock transaction valued at approximately $109 million on the date prior to closing. Solsys and its leading cellular and tissue-based wound treatment, TheraSkin, is highly complementary to Misonix’s cutting-edge ultrasonic wound debridement solution, SonicOne, providing Misonix with a large direct advanced wound care channel-to-market that will enable the Company to expand SonicOne sales, and together with TheraSkin, establish a new standard of care in the growing chronic wound care market. Stavros Vizirgianakis, President and Chief Executive Officer of Misonix, stated, “Over the last two years, we have actively managed our business to
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