Historically, wound care has been a nice tuck-in business for both large medical device and pharmaceutical companies. But that dynamic appears to be changing as advanced technologies are developed that make this sector more attractive as a growth business, evidenced by the large number of recent deals and consolidation going on in this market. The latest example of this trend is the proposed deal to make publicly traded Kinetic Concepts Inc. [KCI] a privately held company. [See Deal]
KCI's acceptance of the $6.3 billion private equity buyout deal from a consortium including Apax Partners and two large Canadian...