Bacterin acquires assets of Robinson MedSurg

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Bacterin International Holdings has acquired the assets of Robinson MedSurg (RMS).

For consideration of $1 million in Bacterin common stock at the closing date, Bacterin acquired approximately $500,000 in inventory, existing commercial agreements and intellectual property, including a number of patents and patent applications.

RMS, a Lone Tree, Colo.-based medical device distribution company focused primarily on maxillofacial and craniofacial surgery devices, brings to Bacterin a network of independent distributors throughout the United States and internationally. Bacterin plans to expand upon this network, as well as further enhance the RMS product line with its antimicrobial coatings, according to the Belgrade, Mont.-based developer of bone graft material and anti-infective coatings for medical applications.