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Bayer MaterialScience has completed its acquisition of PolyBioMed Ltd. (Sheffield, UK), thereby expanding its product portfolio for medical technology. PolyBioMed, formerly a subsidiary of Lombard Medical Technologies plc, provides polymer coatings, surface treatments, and biomaterials to the medical device industry.
The acquisition gives Bayer MaterialScience access to application areas such as coronary drug-eluting stents, pus catheter systems for interventional cardiology, urology, and neurology. Included in the intellectual property Bayer MaterialScience AG has acquired are the rights to over 75 patents and patent applications.
The aim is to provide innovative materials which can enhance design, manufacturing, and end-use performance for a variety of medical devices.