M&A
confidence high
sentiment positive
materiality 0.75
Sanara MedTech acquires exclusive U.S. rights to OsStic fracture product; invests up to €8M for 12.5% of BMI
Sanara MedTech Inc.
- Exclusive U.S. license/distribution for OsStic and ARC delivery tech; initial five-year term with renewal options.
- Sanara invests up to €8M (€4M initial incl. debt conversion) for ~12.5% equity in BMI; remaining €4M tied to milestones.
- OsStic received FDA Breakthrough Device Designation Dec 2023; U.S. market launch expected Q1 2027.
- Targets >100,000 annual periarticular fracture procedures; complements existing surgical portfolio.
- Company's Chief Corporate Development Officer Tyler Palmer appointed to BMI board.