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Integra Sends Spine Business Off To Sea

The company's spine business will be established as an independent company, SeaSpine, within the year to improve growth prospects for all of Integra's businesses, officials say. Analysts say it will give Integra a slight boost but worry a spin-off is riskier than selling the division.

Three years after expanding the business with an acquisition, Integra LifeSciences Holdings Corp. plans to spin off its spine division so it can focus on specialty surgical products, orthopedics and tissue technologies for surgeons.

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