Integra LifeSciences

Devices & Diagnostics

Healthcare business intelligence: Covidien to sell Confluent Surgical line to Integra LifeSciences

Covidien (COV) announced it will sell its Confluent Surgical line to Integra LifeSciences (IART) probably effective by March 31, 2014, pending regulatory approval. The product line brought in $65 million for the medical devices company in 2012. Integra will pay $235 million for the line, which includes DuraSeal, the first FDA-approved product that provides watertight […]

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SpineMatrix loses CEO to a Utah company; looks for another leader

Ben Shappley, president and chief executive since 2006 of SpineMatrix Inc., developer of a device that diagnoses the source of lower back pain in a unique way, has gone to work for Amedica Corp. in Salt Lake City, Utah. Shappley led the company through the completion of its clinical trial and regulatory clearance processes. Shappley helped SpineMatrix through its clinical trials and regulatory clearance, and to land $8 million in its second round of financing.