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Mergers & Acquisitions
Evonik makes moves in medical market
by Michael McCoy
September 6, 2019
| A version of this story appeared in
Volume 97, Issue 35
With two deals, Evonik Industries is pushing further into the medical materials market. The specialty chemical maker has acquired from Canada’s Interface Biologics surface-modification technology based on low-molecular-weight fluorooligomers that enhance medical devices’ biocompatibility. Separately, Evonik has invested in the 3-D printing start-up Meditool. The Shanghai-based firm—representing Evonik Venture Capital’s first direct investment in China—makes implants for neuro and spine surgery.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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