Navigation Links
Advanced Bio-Technologies Inc Announces Acquisition by HealthEdge Investment Partners, Tampa FL
Date:9/26/2007

CLEARWATER, Fla., Sept. 26 /PRNewswire/ -- Advanced Bio-Technologies Inc (ABT) is pleased to announce that the majority shares in the corporation have been purchased by HealthEdge Investment Partners of Tampa FL. (http://www.healthedgepartners.com).

Paul Guilbaud, ABT President and CEO, commented, "This is a new stage in the exciting development of ABT. The acquisition allows us to ramp up sales and marketing in the USA, build the necessary infrastructure for our world- wide sales expansion and allow us to support our International distributors."

"This is a positive development for both ABT and HealthEdge. We believe that the synergy between our fund and the company will facilitate accelerated growth for the company. We intend to work closely with the management of ABT to grow the business organically and by using the infrastructure as a platform to acquire new brands," commented Brian Anderson, Managing Partner at HealthEdge Investment Partners.

Advanced Bio-Technologies is one of the leading companies in the rapidly growing global scar treatment market with its patented silicone-based products marketed under the brand Kelo-cote(R). Silicone is recognized as the first line of treatment for abnormal scars throughout the medical community. ABT has relocated its offices to Clearwater, Florida, where it will centralize the functions of the company to better manage its growth.

ABT has also launched its Kelo-cote(R) scar treatment line in the key European markets through 100%-owned subsidiaries in the UK and Germany. This strategic development allows ABT to have direct operations in some of the largest markets worldwide, and creates the platform for concentrating its efforts in the Plastic Surgery and Dermatology sectors. New products will ensure growth for ABT in each of those markets. "We have established a strong Kelo-cote(R) presence in the New York City, Los Angeles and Miami markets and are currently expanding our US sales team to reach other key metro areas including Tampa, Dallas, and Atlanta," stated Mr. Guilbaud.


'/>"/>
SOURCE Advanced Bio-Technologies Inc
Copyright©2007 PR Newswire.
All rights reserved

Related biology technology :

1. Achieving Reliable Protein Quantitation Results Using ICAT Reagents, MALDITOF Mass Spectrometry, and Advanced Data Interpretation Tool
2. Precision Testing for the Sciclone Advanced Liquid Handler Z8 Option
3. 384 Well Pipetting Precision and Accuracy Testing Using the Sciclone Advanced Liquid Handler
4. WARF expands license agreement with Advanced Cell Technology
5. Rockwells $1M gift to UWM will support advanced automation research
6. Advanced CIO: Technology execs must trumpet their success
7. FDA approves advanced digital mammography system
8. Tech Digest: Inacom; St. Michaels, St. Clares hospitals; Merge eMed; Advanced Data-Comm; Blue Cross and Blue Shield
9. Wisconsins insurance companies use advanced IT to speed relief
10. $60 Million Available in Advanced Tech Competition
11. Advanced Life Sciences to Hit the Road For $30 Million in Funding
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/10/2017)... ... October 10, 2017 , ... ... FirstHand program has won a US2020 STEM Mentoring Award. Representatives of the FirstHand ... Excellence in Volunteer Experience from US2020. , US2020’s mission is to change the ...
(Date:10/10/2017)... 2017 International research firm Parks Associates announced today ... the TMA 2017 Annual Meeting , October 11 in ... home security market and how smart safety and security products impact the ... Parks Associates: Smart Home Devices: ... "The residential security market has experienced ...
(Date:10/10/2017)... ... October 10, 2017 , ... USDM Life ... for the life sciences and healthcare industries, announces a presentation by Subbu Viswanathan ... The presentation, “Automating GxP Validation for Agile Cloud Platforms,” will present a revolutionary ...
(Date:10/9/2017)... DIEGO , Oct. 9, 2017  BioTech ... biological mechanism by which its ProCell stem cell ... critical limb ischemia.  The Company, demonstrated that treatment ... amount of limbs saved as compared to standard ... the molecule HGF resulted in reduction of therapeutic ...
Breaking Biology Technology:
(Date:4/19/2017)... , April 19, 2017 The ... vendor landscape is marked by the presence of several ... however held by five major players - 3M Cogent, ... companies accounted for nearly 61% of the global military ... companies in the global military biometrics market boast global ...
(Date:4/13/2017)... , April 13, 2017 UBM,s Advanced ... will feature emerging and evolving technology through ... Innovation Summits will run alongside the expo portion of ... sessions, panels and demonstrations focused on trending topics within ... advanced design and manufacturing event will take place June ...
(Date:4/11/2017)... Research and Markets has announced the addition of the ... ... to grow at a CAGR of 30.37% during the period 2017-2021. ... been prepared based on an in-depth market analysis with inputs from ... prospects over the coming years. The report also includes a discussion ...
Breaking Biology News(10 mins):