VISCOGLIOSI BROTHERS ACTS AS A STRATEGIC ADVISOR TO OLYMPUS CORPORATION ON OP-1 BONE ACQUISITION FROM STRYKER CORPORATION
New York, NY: December 8, 2010 – Viscogliosi Bros., LLC (VB), a merchant banking and venture capital/private equity firm focused exclusively on the musculoskeletal /orthopedics sector, today reported it acted as strategic advisor to Olympus Corporation for its $60 million purchase of Stryker Corporation’s OP-1 bone product family, which includes OP-1 Implant, OP-1 Putty, Opgenra and Osigraft.
Anthony G. Viscogliosi, a Principal at VB, said: “We are extremely pleased to have had the opportunity to advise Olympus Corporation on this transaction. We believe that the combination of Olympus' existing biomaterial and regenerative medicine technologies and OP-1 bone products will allow Olympus to achieve a leadership position in regenerative medicine globally. We look forward to continuing to advise the Olympus team and unlocking the potential we all see in the OP-1 bone product family.”
About Viscogliosi Bros., LLC
VB's mission is to create, build and finance companies founded on innovations developed by surgeons and uniquely focused on "life changing" musculoskeletal/orthopedic technologies. Marc, Anthony and John Viscogliosi have executed multiple financial, strategic and management transactions for companies in the musculoskeletal/orthopedic sector.