LAKEWOOD, Colo., U.S. – 09 November 2022 – Today, we are announcing the completion of the sale of our Autologous Biologics business unit to Globus Medical Inc., a medical device company that focuses on the design, development and commercialization of products that enable surgeons to promote healing in patients with musculoskeletal disorders. The sale includes all Harvest® products (Harvest® SmartPrep® Centrifuge System, Harvest® Bone Marrow Aspirate Concentrate (BMAC®) Procedure Pack, Harvest® Autologous Platelet Concentrate (APC) PRP Procedure Pack, and Harvest® AdiPrep® Procedure Pack, as well as related accessories.
We are excited that these products will have a new home with Globus Medical, a company with the infrastructure and a complementary product portfolio to further grow these products and enhance their therapeutic potential for patients, while we focus on other core areas of our business.
Together with Globus, we are focused on the smooth transition of the business to ensure a seamless experience for customers, vendors, researchers and other key stakeholders.
It has been our privilege to be a champion of the Autologous Biologics products, which help patients harness the power of their own cells. Now, this important work will continue with Globus Medical.