ClosedPublished 21 Jan 2022

Avanos Medical, Inc. /
OrthogenRx, Inc.

Avanos Medical adds OrthogenRx in a completed merger

Price
$130.0m
Stage
Closed
Source · 21 Jan 2022
01 / BuyerAvanos Medical, Inc.
02 / TargetOrthogenRx, Inc.
01

What happened

Avanos Medical, Inc. completed its merger with OrthogenRx, Inc. on January 20, 2022. OrthogenRx will operate as a wholly owned subsidiary of Avent, Inc.

The purchase price was $130.0 million in cash at closing, with up to an additional $30.0 million in contingent cash consideration tied to net sales growth during 2022 and 2023. OrthogenRx focuses on developing and commercializing treatments for knee pain caused by osteoarthritis.

02

The source

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01
Source · Source

Avanos Medical adds OrthogenRx in a completed merger

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03

Timeline

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  1. Closed

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  2. Published by the source

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