Nordson grows biomaterials portfolio with Micromedics buy
This article was originally published in Clinica
Executive Summary
Nordson, a firm that sells adhesives, sealants and coatings to a wide range of industries, has acquired medical bio-applicators manufacturer Micromedics. The deal sees Nordson (Westlake, Ohio) gain Micromedics’s line of FibriJet dual-syringe applicators, designed to deliver biomaterials used for controlling bleeding and healing wounds. The technology will be incorporated into Nordson’s advanced technology systems business. However, the rest of Micromedics’s product lines that were not acquired by Nordson – products used in ear, nose and throat applications and surgical instrumentation protection materials – will be manufactured and sold by a newly-created firm, Summit Medical. Financial terms of the acquisition were not disclosed.