Pantheon Medical Foot & Ankle, Medisource to be Acquired

Generex Biotechnology entered into a letter of intent (LOI) to acquire Pantheon Medical – Foot & Ankle, manufacturer of the FDA-cleared Balanced Plating System, for US $1.4MM in Generex stock, plus additional cash and stock consideration upon completion of sales and profit milestones. The transaction is expected to close in coming weeks.

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Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.

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