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Collagen Corp. Acquires 80% Interest in Cohesion Corp.; Cohesion to develop products for tissue adhesive and anti-adhesion markets, estimated at $1.4 billion in annual sales.
Business Wire
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May 29, 1996
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COPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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PALO ALTO, Calif.--(BUSINESS WIRE)--May 29, 1996--Collagen Corp., a leader in biomaterials technology, today announced that it has increased its ownership position in Cohesion Corp. from approximately 40 percent to 80 percent.
This affiliate will be managed within the new Collagen Technologies Division. Cohesion, formerly named Otogen, was founded in 1993 by Collagen Corp. and Cohesion's Chairman, Dr. Rodney Perkins.
Cohesion, which is based in Palo Alto, is a privately held company that is developing novel biomaterials with superior performance characteristics ...
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