Navigation Links
CryoLife Announces Completion of Acquisition of Cardiogenesis
Date:5/17/2011

ife intends to begin commercialization efforts in select European markets in the second half of 2011, with a more extensive launch expected in 2012.

"We believe the acquisition of Cardiogenesis is highly complementary to our business," said Steven G. Anderson, Chairman, President and Chief Executive Officer of CryoLife.  "The addition of Cardiogenesis' strong core business and innovative product pipeline will position CryoLife as the leader in surgical products used to treat patients with severe angina and will help expand our product portfolio for cardiac surgery."

At a special meeting of Cardiogenesis shareholders held on Monday, May 16, 2011, shareholders of Cardiogenesis approved the merger of Cardiogenesis with CL Falcon, Inc., a wholly-owned subsidiary of CryoLife.  Pursuant to the agreement and plan of merger and reorganization ("Merger Agreement"), CL Falcon, Inc. merged with and into Cardiogenesis pursuant to a long-form merger completed using the procedures available under California law.  Cardiogenesis subsequently merged within and into CryoLife Acquisition Corporation, a wholly-owned subsidiary of CryoLife.

The consideration in the merger was $0.457 per share, less applicable withholdings.  This was the same consideration CryoLife paid for the 23,221,166 shares of Cardiogenesis that it acquired pursuant to a tender offer that expired at midnight on May 2, 2011 at the end of the day.  Following the merger, shares of Cardiogenesis common stock ceased to be traded on the OTCQB market.

Strategic and Financial Benefits

The acquisition of Cardiogenesis is highly complementary to CryoLife's business and enables CryoLife to extend its product offerings and reach.

  • Clear TMR leader:  Cardiogenesis is the market share leader in TMR to treat refractory angina; CryoLife now has programs across valve replacement surgery, reconstructive cardiac surgery,
    '/>"/>

SOURCE CryoLife, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10

Related medicine technology :

1. CryoLife Announces First Implant of Combination Aortic-Mitral Allograft Heart Valve at the Cleveland Clinic
2. CryoLife Receives FDA Approval to Begin U.S. Clinical Trial for BioFoam(R)
3. CryoLife Reports Record Quarterly Revenues of $28.2 Million
4. CryoLife to Present at Upcoming Investor Conferences in New York
5. CryoLife to Present at 21st Annual Piper Jaffray Health Care Conference
6. CryoLife Provides Initial 2010 Financial Guidance
7. CryoLife Enters into Worldwide Distribution and Manufacturing Agreements with Starch Medical for Novel Hemostatic Agent
8. CryoLife Receives Japanese Regulatory Approval for BioGlue Surgical Adhesive
9. CryoLife Announces Release Date and Teleconference Call Details for 2010 Third Quarter Financial Results
10. CryoLife Begins Distribution of Blood-Clotting Agent PerClot® in Europe
11. CryoLife to Present at Lazard Capital Markets 7th Annual Healthcare Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/28/2015)... The controversy surrounding the use of ... (procedures to remove uterine fibroids) continues, as a ... Johnson & Johnson,s Ethicon, Inc. unit, which was ... to the report published by The Wall Street ... is trying to determine what the company knew ...
(Date:5/28/2015)... 28, 2015 Research and ... of the "United States Medical Adhesives Market ... offering.      (Logo: http://photos.prnewswire.com/prnh/20130307/600769) , , ... the United States is projected ... Medical device manufacturers across the US are ...
(Date:5/28/2015)... Isis Pharmaceuticals, Inc. (NASDAQ: ISIS ) ... Thursday, June 4 at 1:00 p.m. ET / 10:00 ... the Internet.  Simply log onto our website listed above. ... event, a replay of the webcast will be available ... ABOUT ISIS PHARMACEUTICALS, INC. Isis is exploiting its ...
Breaking Medicine Technology:Power Morcellator Attorneys at Bernstein Liebhard LLP Comment on Report That FBI Is Investigating Ethicon Morcellators 2Power Morcellator Attorneys at Bernstein Liebhard LLP Comment on Report That FBI Is Investigating Ethicon Morcellators 3United States Medical Adhesives Market Forecast and Opportunities, 2020 - New Medical Innovations with 3M, Henkel Adhesive Research, Ethicon and Cyberbond Dominating 2United States Medical Adhesives Market Forecast and Opportunities, 2020 - New Medical Innovations with 3M, Henkel Adhesive Research, Ethicon and Cyberbond Dominating 3Webcast Alert: Akcea Therapeutics Conference Call 2Webcast Alert: Akcea Therapeutics Conference Call 3
... results from an observational substudy from TRITON–TIMI 38 ... Scientific Sessions annual meeting showed that patients treated ... graft surgery (CABG) had a reduced overall mortality ... (2.3 percent versus 8.7 percent respectively, p=0.016).(1) ...
... Nov. 16, 2010 Talks on major advances in ... breast, and spine, captured the attention of more than ... Meeting, held recently in conjunction with the annual meeting ... San Diego.   Samuel Ryu, M.D., director ...
Cached Medicine Technology:Mortality Data Presented for Patients Treated with Efient®/Effient® (Prasugrel) Who Underwent Isolated Coronary Artery Bypass Surgery 2Mortality Data Presented for Patients Treated with Efient®/Effient® (Prasugrel) Who Underwent Isolated Coronary Artery Bypass Surgery 3Mortality Data Presented for Patients Treated with Efient®/Effient® (Prasugrel) Who Underwent Isolated Coronary Artery Bypass Surgery 4Mortality Data Presented for Patients Treated with Efient®/Effient® (Prasugrel) Who Underwent Isolated Coronary Artery Bypass Surgery 5Mortality Data Presented for Patients Treated with Efient®/Effient® (Prasugrel) Who Underwent Isolated Coronary Artery Bypass Surgery 6Clinical Experts Describe Radiosurgical Advances for Brain, Breast, and Spinal Cancers 2Clinical Experts Describe Radiosurgical Advances for Brain, Breast, and Spinal Cancers 3
(Date:5/29/2015)... 2015 Abington Hospital – Jefferson ... first hospitals in the nation to join the ... practices and work toward achieving the Baby-Friendly USA© ... focusing on maternity care practices leading to Baby-Friendly ... and Prevention, EMPower is aimed at increasing breastfeeding ...
(Date:5/29/2015)... can mark one more item off her bucket list: skydiving. ... community is the oldest woman to have flown at an indoor ... she exclaimed. “I’ve always wanted to jump from an airplane ... would be ok.” , “We put on nylon coveralls, helmets, and ... “I don’t remember it being noisy, but the wind was blowing ...
(Date:5/29/2015)... Carolina (PRWEB) May 29, 2015 Red ... that the newest Red Hot & Blue restaurant at 525 ... on Thursday, May 7, 2015. “The Red Hot & Blue ... for 18 years, but we have moved to a new ... now in the middle of all the activities on the ...
(Date:5/29/2015)... York, NY (PRWEB) May 29, 2015 ... unit have reached a confidential Risperdal lawsuit ( ... allegedly developed gynecomastia due to his use of ... case had been selected for the third bellwether ... a mass tort litigation underway in Pennsylvania’s Philadelphia ...
(Date:5/29/2015)... 29, 2015 World Patent Marketing, a ... that it has signed a 10 year licensing agreement ... aims to let people learn about any topic and ... , "This is an exciting day for World Patent ... J. Cooper, CEO and Creative Director of World Patent ...
Breaking Medicine News(10 mins):Health News:Abington Hospital Selected to Join Baby-Friendly Hospital Initiative 2Health News:Indoor Skydiving Brings Thrills to Seniors 2Health News:Red Hot & Blue Restaurant Opens in Cary, North Carolina 2Health News:Red Hot & Blue Restaurant Opens in Cary, North Carolina 3Health News:Red Hot & Blue Restaurant Opens in Cary, North Carolina 4Health News:Risperdal Lawsuit Selected as Pennsylvania’s Third Bellwether Gynecomastia Case Settles Hours Before Trial 2Health News:Risperdal Lawsuit Selected as Pennsylvania’s Third Bellwether Gynecomastia Case Settles Hours Before Trial 3Health News:Licensing Alert! World Patent Marketing's Latest Blockbuster Licensing Deal Gets A New Twist on Technology With The Live Expert Chat Room 2Health News:Licensing Alert! World Patent Marketing's Latest Blockbuster Licensing Deal Gets A New Twist on Technology With The Live Expert Chat Room 3Health News:Licensing Alert! World Patent Marketing's Latest Blockbuster Licensing Deal Gets A New Twist on Technology With The Live Expert Chat Room 4Health News:Licensing Alert! World Patent Marketing's Latest Blockbuster Licensing Deal Gets A New Twist on Technology With The Live Expert Chat Room 5
... ... International, a global multi-level marketing company, promotes launch of business operations in Ukraine. ... Kyiv, Ukraine (PRWEB) June ... On May 30th, Sisel Founder and Chairman Tom Mower Sr. was in the Ukrainian capital ...
... After months of ... online buying a simple, easy one-stop shopping experience. , ... (PRWEB) June 5, 2010 -- With online shopping growing in popularity, ... arrangements and payment procedures that it is easy to get confused, which can lead to ...
... new research that will be presented on Saturday, June 5, ... Dental Sleep Medicine, the majority of U.S. dental schools have ... which affect more than 70 million adults in the U.S. ... Angeles (UCLA) School of Dentistry surveyed each of the 58 ...
... be presented on Saturday, June 5, at the 19th Annual ... may help dentists predict oral appliance therapy success in sleep ... the nasal cavity. The tip of the scope is placed ... has been shown to be a safe and effective treatment ...
... to new research that will receive the Graduate ... the 19th Annual Meeting of the American Academy ... screen for sleep-disordered breathing (SDB) in a pediatric ... resistance syndrome, and snoring. The researchers evaluated ...
... ... Refrigerated Vacuum Pak or Modified Atmosphere Packaged Raw Fish and Fishery Product”, or Import ... or vacuum packed, raw seafood into the US. , ... (Vocus) June 7, 2010 -- “Detention Without Physical ...
Cached Medicine News:Health News:SISEL International Holds Successful Launch Events In Ukraine 2Health News:SISEL International Holds Successful Launch Events In Ukraine 3Health News:BestMassage.com Launches Its Brand New Customer-Focused Website 2Health News:US dental schools leave graduates unprepared to screen for sleep disorders 2Health News:Nasendoscopy proves useful in predicting treatment success in sleep apnea patients 2Health News:Questionnaires help dentists screen for sleep-disordered breathing in children 2Health News:FDA Issues Global Raw Packaged Seafood Import Alert: FDAImports.com Reports Numerous International Firms Impacted 2Health News:FDA Issues Global Raw Packaged Seafood Import Alert: FDAImports.com Reports Numerous International Firms Impacted 3
... ADVANCE Rapid HIV-1/2 Antibody ... qualitative immunoassay to detect ... Virus Type 1 (HIV-1) ... in oral fluid, fingerstick ...
The Becton™ Colles Fracture Plate has proven clinical outcomes and has excellent patient acceptance compared to external fixation. It provides a cost effective treatment option through a simple...
Standard Trephine...
Coronet Vacuum Trephine - All metal, ergonomic design and ultra sharp blade with cross hairs....
Medicine Products: