BioSpace Collaborative

Academic/Biomedical Research
News & Jobs
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  C2C Services & Suppliers™
Europe
Asia

DIVERSITY

PROFILES
Company Profiles

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Research Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
Get Our Industry eNewsletter FREE email:    
   

Kinetic Concepts, Inc. (KCI) in Stealthy Buyout of MoMelan Technologies


11/20/2012 7:54:52 AM

MoMelan Technologies, a three-year-old Cambridge, MA, startup with an unusual skin graft technology invented by laser hair removal pioneer R. Rox Anderson, was secretly acquired by San Antonio, TX-based Kinetic Concepts recently, Xconomy has learned. A MoMelan investor who asked not to be named told Xconomy that he had received an e-mail from MoMelan co-founder and president Sameer Sabir informing stakeholders of the news, and that Kinetic Concepts had asked the company not to make word of the acquisition public. The investor declined to share details of the terms. However, he said., “it’s a good outcome for everybody–founders, investors, employees.” A Kinetic Concepts spokesman did not deny the report, but told Xconomy in an e-mail that the company “does not have anything to share at this time.” In repeated calls yesterday and this morning, no one was answering the phones at MoMelan’s Cambridge headquarters.

Read at MassDevice
Read at Xconomy

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES
 

//-->