Bioventus CEO says buyout of California firm will spark growth

Excitement. That ’s how Ken Reali, CEO of Bioventus, describes the atmosphere at the Durham company which, on Tuesday, announced the buyout of California rehabilitation device maker Bioness. “For Bioventus, this type of tuck-in acquisition is part of our strategy and for Bioness this provides a strong home for future growth,” Reali said. “Both groups of employees recognize the strong synergies between the two companies.” On Wednesday, Reali, fresh off the plane from California, offered…
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