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Associated Press
Integra Lifesciences Closes Newdeal Buy
01.03.2005, 01:20 PM

Biotechnology company Integra LifeSciences Holdings Corp. said Monday that it completed the purchase of Newdeal Technologies, a maker of reconstructive surgery products, for more than $50 million, in a move to bolster its offerings for foot and ankle surgery.

...paid 39.5 million euros, or about $53 million, for the French company. Integra first announced the deal in November, estimating a slightly lower price of 38.5 million euros.

...Officials at Integra said it expects Newdeal's products to complement its regenerative skin products used to treat wounds of the foot and ankle.

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