Medical devices and technologies group bioMD has announced a friendly takeover bid for Allied Medical, an unlisted public company backed by Andrew Forrest and led by Ian Frazer.
Perth-based medical device company, bioMD Ltd, is one step closer to commercialising its acquired cardiovascular patch technology, after years developing its other medical devices.
Perth-based medical device supplier bioMD Ltd has increased its shareholding in bioimplant development company Celxcel Pty Ltd to 76.3 per cent, with the remaining shares held by the company's founding shareholders.
Perth-based medical device supplier bioMD Ltd subsidiary Celxel has announced positive results in tests of its Adapt anti-calcification technology in large animals.