Medical manufacturer makes acquisition in California

Direct Biologics LLC, a science-based manufacturer of regenerative medical products, has acquired California-based Paisley Laboratories. Terms of the deal were not disclosed. The acquisition will help the St. Louis-based company expand its ability to develop innovative and revolutionary products based on utilizing human mesenchymal stem cells, officials said in a statement. More than 60 million people in the U.S. currently have some type of joint or spine pain, and 1 2 million interventional procedures…
Source: bizjournals.com Health Care News Headlines - Category: Health Management Authors: Source Type: news