Integra to Acquire U.S. Rights to Tornier’s Ankle and Tie Replacement Products
Plainsboro, N.J.-based Integra LifeSciences Holdings will acquire U.S. rights to Tornier’s Salto Talaris and Salto XT ankle replacement products and Tornier’s Futura silastic toe replacement products. Terms of the deal were not disclosed.
The agreement also includes an option for Integra to purchase the rights to the Salto Talaris, Salto XT, Salto Mobile and Futura silastic toe replacement products outside the U.S.
The transaction is subject to approval by the FTC and the closure of the pending merger of Tornier and Wright Medical Group which is expected to occur in the third quarter of this year.
Tornier, based in Amsterdam, Netherlands, is a medical device company that provides solutions to surgeons who treat musculoskeletal injuries. — Michael Cipriano