Allergan’s deal spree continues with $2.9B LifeCell buyout
Allergan isn’t letting the holidays get in the way of its deal spree. The company has snapped up LifeCell and its aesthetic and regenerative medtech for $2.9 billion in cash.
The deal gives Allergan a portfolio that includes:
- Acellular Dermal Matrices, commonly used in breast reconstruction procedures and complex hernia surgeries to provide soft tissue support;
- Alloderm, a human allograft tissue matrix which “allows for a strong, intact repair in challenging procedures and is intended to be used for repair or replacement of damaged or inadequate soft tissue, including breast reconstruction post-mastectomy;”
- Revolve, a single use high-volume fat grafting device that uses patients’ own fat to enhance volume in plastic and reconstructive procedures.
The buyout also includes LifeCell’s R&D operations in New Jersey.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.