M&A
confidence high
sentiment positive
materiality 0.75
Treace Medical to acquire RPM-3D assets for up to $30M; patient-specific guides for foot surgery
TREACE MEDICAL CONCEPTS, INC.
- $20M upfront cash plus up to $10M milestone payments for RPM-3D's pre-op planning and patient-specific guides.
- FDA-cleared technology to integrate with Lapiplasty and Adductoplasty; commercial launch expected H2 2024.
- Acquisition includes 22 patent applications to strengthen IP portfolio for bunion and foot deformity correction.
- RPM-3D uses CT scan data for 3D pre-operative planning and 3D-printed patient-specific cut guides.
- Transaction follows recent product launches; direct sales force to market new technology.