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Minute Insight: Bioventus Completes Cartiheal Acquisition Following Agili-C Approval

 
• By Reed Miller

Bioventus exercised a “call option” to acquire Cartiheal for about $315m, plus up to $135m in milestones. The US FDA recently approved Cartiheal’s Agili-C implant to treat knee joint surface lesions.

Minute Insight
• Source: Citeline/Alamy

Bioventus is exercising its option to buy Cartiheal and plans to launch Cartiheal’s Agili-C knee implant in the third quarter.

Agili-C is a porous, biodegradable scaffold for treating cartilage and osteochondral defects in traumatic and osteoarthritic joints

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