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New Deal


Announced

Avanos Medical to acquire OrthogenRx for $160m.

Financials

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Transaction Value£120m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Pending

Majority

Friendly

Medical Services

treatment

Domestic

Private

United States

Single Bidder

Synopsis

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Avanos Medical, a medical technology company, agreed to acquire OrthogenRx, a company specializing in treatment of knee osteoarthritis, for $160m. "The acquisition of OrthogenRx enhances our chronic pain portfolio by providing continuum of care treatment options for patients living with knee OA. This business is a clear strategic fit for Avanos, and one that will further strengthen our relationships with healthcare providers as we seek to become their preferred partner in treating musculoskeletal pain," Joe Woody, Avanos CEO.

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