Healagenics, Inc. Acquires Assets Of CambridgeMED, Inc.

WOBURN, Mass.--(BUSINESS WIRE)--July 24, 2006--CambridgeMED, Inc. announced today that its assets were acquired by Healagenics, Inc. effective as of July 10, 2006. Healagenics, Inc. is a health-care technology firm focused on the wound-care market. Founded in 2002, the Company has an exclusive license to certain proprietary technology that has shown preliminary, but very encouraging clinical data. Technologies are intended for a broad spectrum of wounds, that include pressure and diabetic ulcers and open, chemical, radiation and burn wounds, ENT, as well as scar reduction and keloid management technology.
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