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Intera LifeSciences Holdings Corp.

Agreement to acquire Radionics division of Tyco for $80 million announced

Published in Surgery Litigation and Law Weekly, October 14th, 2005

Integra LifeSciences Holdings Corporation (IART) announced that it has agreed to acquire the assets of the Radionics Division of Tyco Healthcare Group, L.P. for $80 million in cash, subject to certain adjustments.

Radionics, based in Burlington, Massachusetts, designs, manufactures and sells minimally invasive medical instruments for use in the fields of neurosurgery and radiation therapy. Radionic's products include the CU.S.A EXcel ultrasonic surgical aspiration system, the CRW stereotactic system, the XKnife stereotactic radiosurgery system, and the OmniSight EXcel image guided surgery system.

The Radionics business generated revenues of $62.2...

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