Announced
Completed
Synopsis
Bioness Medical, a company that develops medical technologies to support recovery, completed the acquisition of Harmonic Bionics, a robotics company focused on improving neuro rehabilitation. Financial terms were not disclosed. "When we launched as an independent organization earlier this year, we made a promise to our current and future customers that we would continue to support their evolving clinical technology needs and build on the success of our Functional Electrical Stimulation (FES) products, Vector and BITS Balance currently offered. Today's acquisition allows us to deliver critical upper extremity rehabilitation, an essential component in improving patient outcomes. The future of Bioness Medical is bright as we continue to bring innovative new products to market backed by world-class clinician and patient support," Todd Cushman, Bioness Medical CEO.
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