Synovis Life to buy back up to 500,000 shares

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Synovis Life Technologies Receives Approval to Manufacture and Ship Recently Acquired Orthopedic and Wound Care Products

ST. PAUL, Minn.--(BUSINESS WIRE)--Synovis Life Technologies, Inc. (Nasdaq: SYNO - News®® Biomatrix soft tissue repair products, which are used in orthopedic and wound care applications. Synovis acquired the assets of OWC in July 2009 from Pegasus Biologics. “We anticipated this approval, and it is very good news that we can now begin to manufacture OrthADAPT and Unite products. We have already started to ship Synovis-labeled OWC products,” said Richard W. Kramp, Synovis Life Technologies president and chief executive officer. “As previously reported, we have hired 25 experienced employees covering production, regulatory and clinical affairs, quality, marketing and customer service. We have also started hiring eight direct sales representatives for our OWC products, and we expect to complete this hiring in the first quarter of fiscal 2010. We are also looking to contract with independent representatives to complete our coverage of the United States and to begin seeking qualified distributors for European Union countries.“Many physicians are already familiar with OrthADAPT and Unite products, and we are pleased to again make these proven, clinically advantageous products available to them,” Kramp continued. “Our investment in OWC fits our long-term growth strategy of acquiring approved products that expand our presence in the growing soft tissue repair marke...
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Shareholder Matlinpatterson Sells $31.8M Worth of Huntsman

Stock quotes in this article: HUN , IACI , AEIS , ...
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Synovis gets clearance for 2 tissue repair items

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Synovis says EU approves Veritas tissue product

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Synovis Life Technologies Receives CE Mark Approval for the Use of Veritas® Collagen Matrix in Hernia Repair and Breast Reconstruction

ST. PAUL, Minn.--(BUSINESS WIRE)--Synovis Life Technologies, Inc. (Nasdaq: SYNO - News® Collagen Matrix, allowing the company to sell Veritas in the European hernia repair and breast reconstruction markets. Veritas is an extremely conformable and strong biomaterial which acts as a “scaffold” that allows for rapid repopulation and revascularization by the surrounding host tissue. “CE Mark approval for these indications is a significant milestone for Veritas. With the addition of the European market for hernia repair and breast reconstruction, we look forward to expanding our presence in the worldwide soft tissue repair market and increasing our international revenue,” said Richard W. Kramp, Synovis Life Technologies president and chief executive officer. “We have already trained our independent distributors in Europe on the advantages of Veritas, and they will immediately start to sell Veritas to the European physician community. The hernia repair and breast reconstruction applications represent large and strong European market opportunities for Synovis.”Veritas is an exceptionally supple and durable product. In addition to providing strength and flexibility, Veritas avoids acute and chronic infections and unwanted chronic inflammation that occurs frequently in response to the use of synthetic patches. The distinct characteristics of Veritas, which include its peric...
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Synovis Life Technologies Sells Its Auction Rate Securities

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Synovis Life Technologies to Webcast Fiscal Fourth-Quarter and Full-Year Earnings Conference Call Wednesday, Dec. 2

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Synovis Life Technologies to Present at Oppenheimer 20th Annual Healthcare Conference November 3

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Synovis Life Technologies, Inc. Earnings Call scheduled for Wed, Dec 2

Call DetailsSynovis Life Technologies, Inc. Earnings Conference Call (Q4 2009)Scheduled to start Wed, Dec 2, 2009, 11:00 am EasternAfter the event has finished, the audio will be availablefrom this page until Fri, Dec 3, 2010About Synovis Life Technologies, Inc. (NasdaqGM:SYNO)Synovis Life Technologies, Inc., a medical device company, engages in the development, manufacture, marketing, and sale of products for the surgical treatment of diseases. Its products include implantable biomaterial products and devices for microsurgery and surgical tools, which are used to reduce risk and/or facilitate critical surgeries. The company’s biomaterial products include Peri-Strips that are biomaterial stapling buttress used as reinforcement at the surgical staple line; Tissue-Guard, which is used to repair and replace damaged tissue in cardiac, vascular, thoracic, and neurologic procedures; and Veritas Collagen Matrix for use in surgery to repair and replace soft tissue. Its devices for microsurgery comprise Microvascular Anastomotic Coupler, which enables microsurgeons in various surgical specialties to perform anastomotic microsurgical procedures; and Neurotube, a device designed to assist in the reconnection of severed nerves. Synovis Life Technologies sells its products through direct sales force and independent distributors primarily in the United States, Europe, Canada, and the Asia Pacific region. The company, formerly known as Bio-Vascular, Inc., was founded in 1985 and is headquartered in St. Paul, Minnesota.More Info:Quote |Chart |News |Profile |...
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