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Year in Review

2010 Merger and Acquisition Activity in Orthopaedics and Spine 4Q10: Osteotech

4Q10

OSTEOTECH acquired by MEDTRONIC for $123MM in cash for shares transaction
* 2009 sales of $96.6MM; sales multiple of 1.3
* Platform includes Grafton demineralized bone matrix, MagniFuse bone graft and Plexur Biocomposites