Sanofi to Acquire Pluromed, Inc., Expanding Its Presence in Biosurgery

Sanofi and Pluromed Inc. announced today that they have entered into a definitive agreement under which Sanofi is to acquire Pluromed Inc., a medical device company based in Woburn, Massachusetts. The acquisition is subject to customary closing conditions. Pluromed has developed a proprietary polymer technology, called Rapid Transition Polymers (RTP(TM)), pioneering the use of injectable [...]