STOCKHOLM – SCA plans to buy BSN Medical from private equity group EQT Partners AB for $2.9 billion, giving the company a toehold in the higher growth and higher margin advanced wound care market and setting the stage for the spinoff of its hygiene business.
YARDLEY, Pa. – Wound care provider Alliqua BioMedical reported total revenue of $5.5 million for the second quarter of 2016, up 75% year-over-year, compared to revenue of $3.1 million for the same period last year.
GREENSBORO, N.C. – ConvaTec, a manufacturer of wound care and ostomy products, will begin closing its manufacturing facility here, resulting in 250 layoffs, according to news reports. It expects to complete the closure during the first quarter of 2017.
LAKE FOREST, Calif. – Apria Healthcare has extended its partnership with MoInlycke Health Care by taking fulfillment and support for the Avance Max negative pressure wound therapy system to acute facilities across the country.
The wound care market encompasses a wide range of conditions, products, services and healthcare settings, so it has sufficient versatility for the home medical equipment provider to maintain a healthy business.