Korea Bone Bank takes over Endotec for $20 million

Korea Bone Bank Inc (KBBI), the local largest processor of allograft bones and connective tissues for transplantation, said on April 20 that it acquired a controlling stake in the US based Endotec Inc., after a successful $20 million deal.

“This deal will pave a way for us to enhance our ability to boost our biocompatible orthopedic implant products in the global arena,” KBB’s CEO Shim Young...