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ConvaTec Business sold for approximately USD4.1 Billion

Bristol-Myers Squibb announced 6th May that it has signed a definitive agreement to sell ConvaTec to Nordic Capital and Avista Capital Partners for USD4.1 billion subject to audited 2007 financial statements and closing working capital. Read more at ConvaTec sold to private equity

Tue 06 May 2008 by Perry Lesion
AAWC launch Wound Biofilms document
The Association for the Advancement of Wound Care (AAWC) launched at the recently held Symposium on Advanced Wound Care held in San Diego (April 24-27) a publication focusing on the role of biofilms in wound infection. Entitled Advancing Your Practice: Understanding Wound Infection and the Role of Biofilms the document clearly spells out the association between biofilms and sub-clinical and clinical infection. The document is edited by Keith Cutting and includes contributions from world class authors. The publication was made possible through an unrestricted education grant provided by ConvaTec. Free downloads of the publication are available at AAWC website www.aawconline.org or in hard copy from AAWC and ConvaTec.

Sat 03 May 2008 by Perry Lesion

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WUWHS2008


Sorbion.com

Rocky times ahead for Smith and Nephew?
Smith & Nephew PLC saw the biggest fall in the FTSE 100 Thursday 1 May after acknowledging "unacceptable" sales practices at Plus Orthopedics. Smith & Nephew bought Plus last year from its Swiss owners for USD 900 million and this setback will cost the company USD 100 million in loss of revenue in 2008. For more details go to Smith & nephew revenue down USD 100 million

Tue 06 May 2008 by Perry Lesion
Bids for ConvaTec are in the second round
Yes, the bidding game continues with a number of interested parties having thrown their hats in the ring. You can read more at Bidding game.

Thu 20 Mar 2008 by Perry Lesion
More negatives - pressure that is.
Smith and Nephew have launched their version of NPWT. Details are a bit brief but no doubt more will follow. Read it here Negative pressure launch

Fri 29 Feb 2008 by Perry Lesion