Integra LifeSciences Completes the Acquisition of Acclarent, Inc.
01 Aprile 2024 - 10:15PM
Integra LifeSciences Holdings Corporation (NASDAQ:IART), a leading
global medical technology company, today announced it has
successfully completed its acquisition of Acclarent, Inc., a
pioneer in ear, nose and throat (ENT) surgical interventions. The
addition of Acclarent's innovative product portfolio expands the
breadth of Integra’s market-leading brands and provides immediate
scale and accretive growth via a dedicated sales channel. The
acquisition adds $1 billion to the total addressable market of the
Company’s offerings, while providing unique market opportunities
for access to the attractive ENT device segment.
“Acclarent’s strong commercial capabilities,
R&D expertise, advanced portfolio and deep clinical knowledge
will be important assets to Integra, enabling us to deliver
transformative technologies to restore patients’ lives,” said Mike
McBreen, executive vice president and president, Codman Specialty
Surgical division. “We are looking forward to working alongside our
Acclarent colleagues to make a profound impact on ENT and
neurosurgery care.”
The company will release its first quarter 2024
financial results and provide second quarter and full-year
guidance, inclusive of the Acclarent business, on Thursday, April
25, 2024, prior to the market open. In conjunction with the
earnings release, Integra’s management team will host a conference
call at 8:30 a.m. ET.
A live webcast will be available on
investor.integralife.com. To join the live conference call, please
register here to receive dial-in details and an individual pin.
While not required, joining 10 minutes before the event starts is
recommended. A webcast replay of the conference call will be posted
on the investor section of the Company’s website following the
call.
About Integra LifeSciencesAt
Integra LifeSciences, we are driven by our purpose of restoring
patients’ lives. We innovate treatment pathways to advance patient
outcomes and set new standards of surgical, neurologic and
regenerative care. We offer a comprehensive portfolio of high
quality, leadership brands that include Acclarent®, AmnioExcel®,
Aurora®, Bactiseal®, BioD™, CerebroFlo®,
CereLink® Certas® Plus, Codman®, CUSA®, Cytal®, DuraGen®,
DuraSeal®, DuraSorb®, Gentrix®, ICP Express®, Integra®, Licox®,
MAYFIELD®, MediHoney®, MicroFrance®, MicroMatrix®, NeuraGen®,
NeuraWrap™, PriMatrix®, SurgiMend®, TCC-EZ® and VersaTru®. For
the latest news and information about Integra and its products,
please visit www.integralife.com.
Forward Looking StatementsThis
news release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 that
involve risks and uncertainties and reflect the Company's judgment
as of the date of this release. All statements, other than
statements of historical fact, are statements that could be deemed
forward-looking statements. Some of these forward-looking
statements may contain words like “will,” “believe,” “may,”
“could,” “would,” “might,” “possible,” “should,” “expect,”
“intend,” “forecast,” “guidance,” “plan,” “anticipate,” “target,”
or “continue,” the negative of these words, other terms of similar
meaning or they may use future dates. Forward-looking statements
contained in this news release include, but are not limited to,
statements concerning the (i) plans and objectives of management
for the operation of the Company, (ii) the anticipated financial
impact of the acquisition on the Company’s operating results, (iii)
the anticipated benefits to the Company arising from the completion
of the acquisition, and (iv) the impact of the acquisition on the
Company’s business strategy and future business and operational
performance. It is important to note that the Company’s goals and
expectations are not predictions of actual performance and no
forward-looking statement can be guaranteed. Such forward-looking
statements involve risks and uncertainties that could cause actual
results to differ materially from predicted or expected results,
including the possibility that any of the anticipated benefits of
the acquisition will not be realized or will not be realized within
the expected time period. Such risks and uncertainties include, but
are not limited, to the following: the Company’s ability to
successfully integrate Acclarent and other acquired businesses; the
Company’s ability to predict accurately the demand for products and
products under development by it or Acclarent and to develop
strategies to successfully address relevant markets; the response
of physicians, business partners and competitors to the
consummation of the transaction; the State of Israel's on-going war
against Hamas, and the potential for the continuation or escalation
of such conflict to disrupt the operations and employees of
Acclarent’s business located in the State of Israel and make it
more difficult for the Company to both integrate Acclarent and
realize the expected benefits of the transaction; global
macroeconomic and political conditions, including acts of terrorism
or outbreak of war, hostilities, civil unrest, and other political
or security disturbances, including the State of Israel’s ongoing
war against Hamas and any escalations of that conflict; the
difficulty of predicting the timing or outcome of product
development efforts and regulatory agency approvals or actions, if
any; physicians’ willingness to adopt and third-party payers’
willingness to provide reimbursement for the Company’s and
Acclarent's existing, recently launched and planned products;
difficulties or delays in manufacturing; the availability and
pricing of third party sourced products and materials; and the
economic, competitive, governmental, technological and other risk
factors and uncertainties identified under the heading “Risk
Factors” included in Item 1A of Integra's Annual Report on Form
10-K for the year ended December 31, 2023 and information contained
in subsequent filings with the Securities and Exchange
Commission.
These forward-looking statements are made only
as of the date hereof, and the Company undertakes no obligation to
update or revise the forward-looking statements, whether as a
result of new information, future events, or otherwise, except as
required by law.
CONTACTS:Investor
Relations:Chris Ward (609)
772-7736chris.ward@integralife.com
Media:Laurene Isip (609)
208-8121laurene.isip@integralife.com
Grafico Azioni Integra LifeSciences (NASDAQ:IART)
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Grafico Azioni Integra LifeSciences (NASDAQ:IART)
Storico
Da Gen 2024 a Gen 2025