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The acquisition further provides Kuros with an EU operation in the Netherlands with certified and GMP-controlled manufacturing capabilities. After the acquisition, Kuros has attractive prospects based on a pipeline of products that target several key market opportunities, with a focus on orthobiologics, as well as an EU hub for its clinical and distribution operations. The company is positioned as a technology leader in both synthetic and biologic bone graft substitutes.
Its promising product candidates include: MagnetOs, an orthobiologic. A putty formulation of the product is currently in development. Neuroseal KUR , a biomaterial designed for dural sealing is being submitted for CE mark with market launch planned for KUR and KUR, two orthobiologic products, have been successfully tested in large, controlled Phase 2b clinical trials.
Further development continues as planned. In addition, van der Velden and Prof. Under the terms of the proposed combination, Kuros will issue a total of up to 2. About 1. A further 0. Provided all milestones are achieved, current Kuros shareholders will own about 71 percent of the combined firm. The companies have undertaken reciprocal due diligence.
The Board of Directors and shareholders of Xpand have approved the transaction. Closing of the transaction is expected within the next few weeks and is contingent upon certain conditions, amongst others the issuance of a listing prospectus and the listing of the new Kuros shares on the SIX Swiss Exchange.
Xpand Biotechnology BV develops products for bone repair and regeneration that are based on its proprietary surface science technology. Related Searches. Suggested For You. Master Bond Inc. LaVezzi Precision, Inc.
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Kuros is Acquiring Xpand to Create Orthobiologics Firm
Globus Medical Inc. Vertebral body replacement devices, namely, implants comprised of artificial materials for use in spinal surgical procedures. Or, contact the owner Globus Medical Inc. On Thursday, April 21, , a U. The USPTO makes this data available for search by the public so that individuals can locate ownership information for intellectual property, much the same way a county might make real estate property ownership information available.
XPAND Trademark Information
Skip to main content. Published: Mar 18, The new system significantly reduces the time required for surgeons to perform multilevel corpectomies by offering an unprecedented array of interoperative options. It also extends Globus Medical's portfolio for trauma, tumor, and advanced degenerative disease solutions. The resulting lordosis is contained in the endplate angles and within the shape of the implant itself, enabling surgeons to match the natural anatomy of the body.