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AxoGen, Inc. Message Board

  • biz1957 biz1957 May 13, 2014 7:42 AM Flag

    New CFO is experienced in selling companies...

    Mr Johnston worked for Jamie Grooms (Axogen Founder) at RTI before it's takeover and also did two other deals like the one below.

    Austin-based Ascension Orthopedics Inc. has agreed to be acquired by New Jersey medical device maker Integra Lifesciences Holding Corp. for $65 million, the companies said Monday.
    Founded in 1996, Ascension has yet to make a profit, Integra officials said. Ascension had $19 million in revenue in the 12 months that ended in June and has seen operating losses of about $2 million per quarter, Henneman said.

    Sentiment: Strong Buy

 
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