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Home » Pyng Medical Closes Acquisition of Bio Cybernetics’ Trauma Assets
Pyng Medical Closes Acquisition of Bio Cybernetics’ Trauma Assets
June 11, 2008
Pyng Medical has acquired trauma assets of California-based Bio Cybernetics International.
These assets include Bio Cybernetics’ Trauma Pelvic Orthotic Device, Mechanical Advantage Tourniquet and Cricothyrotomy Kit.
The acquisition was for $2.4 million, partially paid at the agreement’s closing. The rest of the payment is subject to Pyng’s achievement of certain milestones, according to Pyng.
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