Navigation Links
SIAD Healthcare S.p.A. Acquires Minority Ownership in GENICON
Date:10/5/2007

WINTER PARK, Fla. and ASSAGO MI, Italy, Oct. 5 /PRNewswire/ -- GENICON and SIAD Healthcare S.p.A. announced today the formation of a new strategic partnership. Under this new partnership, SIAD Healthcare S.p.A. has made an equity investment in GENICON. With its minority ownership, SIAD Healthcare S.p.A. will have a position on GENICON's Board of Directors, which will be filled by Professor Joseph LaPalombara of Yale University.

In August of 2006, GENICON and SIAD Healthcare S.p.A. entered into a distribution agreement, for the country of Italy, under which SIAD Healthcare started to market GENICON's minimally invasive surgery products within the Italian market.

"I am pleased with this investment and strategic partnership as this will boost some of our R&D programs and will help us to build proper foundations for solid growth of our business in Europe," said Gary Haberland President & CEO of GENICON.

"Our decision to acquire a minority ownership share in GENICON strengthens our partnership and provides a strong signal to the surgical community in Italy, about SIAD Healthcare's long-term commitment to the Minimally Invasive Surgery market," said Bernardo Sestini, President of SIAD Healthcare S.p.A. "Our partnership will help both organizations to grow and will provide several future business opportunities."

GENICON was founded in 1998, and is a privately held corporation based in Winter Park, Florida. The company is focused solely within the Minimally Invasive Surgical market and is an emerging leader in the concept, design, manufacture, and distribution of patented surgical products that are used throughout the global healthcare system.

SIAD Healthcare S.p.A. is part of the Italian Group SIAD S.p.A. Founded in 1927 and currently headquartered in Bergamo, Italy, SIAD Group is a well recognized player within the industrial and medical gas industry. SIAD Healthcare S.p.A. markets a wide range of medical devices for the surgical specialties, instruments and equipment for cryobiology and cell factories, and is active in the design installation and maintenance of medical gases distribution systems.


'/>"/>
SOURCE GENICON
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Healthcare sector is now a multi billion-dollar industry in India
2. Iodex goes to SmithKline Beecham consumer Healthcare
3. Healthcare Professionals Might Want To Rethink Their Dress Code
4. WHO report asks for improved healthcare for mother and child
5. New X-ray machine launched by GE Healthcare
6. India To March Ahead in The Global HealthCare Competition
7. Medical Fraternity Urged To Revamp Indian Healthcare
8. British Healthcare Mission Explores Partnership Possibilities With Indian Healthcare Sector
9. Need For Social Churning Emphasized In CMC Meet On ‘Leadership In Healthcare
10. LINK Applied Genomics Programme Promises To Revolutionize Healthcare Systems
11. India Can Manage World’s Healthcare Crisis By 202
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/27/2017)... Los Angeles, California (PRWEB) , ... May 26, 2017 , ... ... Canadian senior citizens who visit a doctor for colds or respiratory issues that are ... note that excessive time pressure on doctors may be largely responsible for the problem ...
(Date:5/27/2017)... Rosa, CA (PRWEB) , ... May 27, 2017 , ... ... cause for concern, but a new study from the Osteoarthritis Initiative shows ... to developing knee osteoarthritis. Knowing this in advance may give doctors the opportunity to ...
(Date:5/26/2017)... Fairfax, VA (PRWEB) , ... May 26, 2017 ... ... is pleased to announce a new educational seminar to focus on current legislative ... Regulatory News(LEARN) seminar will begin at 1 p.m. Sunday, Sept. 10, and will ...
(Date:5/26/2017)... ... 26, 2017 , ... Boar’s Head Brand®, one of the ... Day entertaining that are sure to satisfy your guests’ flavor cravings, while adding ... cheeses featured in these refreshingly balanced recipes are packed with flavor, creating the ...
(Date:5/26/2017)... ... May 26, 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The House ... focusing on the Peace Agreements being discussed by President Donald Trump and the rest ... to try to speed up peace talks in the continuous battle between Israel and ...
Breaking Medicine News(10 mins):
(Date:5/8/2017)... May 8, 2017  Diplomat Pharmacy, Inc. (NYSE: DPLO)., ... ("WRB"), a health care service center company based ... WRB specializes in relationship management programs for leading pharmaceutical ... WRB will join Envoy Health ... services for manufacturers, biotech firms, and other service companies. ...
(Date:5/4/2017)... Tenn. , May 4, 2017  A ... Infection Control, Ultraviolet-C light as a ... Tru-D SmartUVC,s ability to reduce bioburden on anesthesia ... bioburden reduction on high-touch, complex medical equipment surfaces ... surgical infections. "This study further validates ...
(Date:5/4/2017)...   BioLife Solutions , Inc. (NASDAQ: ... proprietary clinical grade hypothermic storage and ... announced that the Company,s first quarter 2017 financial results ... 11, 2017, and that the Company will host a ... that afternoon. Management will provide an overview of the ...
Breaking Medicine Technology: