# Anika Therapeutics to acquire Parcus Medical and Arthrosurface

Anika Therapeutics has signed agreements to acquire Parcus Medical, a sports medicine company, and Arthrosurface, a provider of joint surface and preservation solutions. The acquisitions aim to broaden Anika's product portfolio and commercial capabilities.

- Type: Acquisition
- Announced: 2020-01-06
- Where: United States
- Value: $95.0M
- Status: announced
- Products: joint preservation and restoration products, sports medicine products, joint surface solutions
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Anika Therapeutics](https://endata.com/companies/44313.md) (acquirer)
- [Parcus Medical](https://endata.com/companies/44314.md) (target)
- [Arthrosurface](https://endata.com/companies/44315.md) (target)
- [Primo Medical Group](https://endata.com/companies/44480.md) (partner)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/898437/000115752320000024/a52154137_ex991.htm), 2020-01-06: "These acquisitions will significantly enhance our commercial capabilities and infrastructure, diversify our revenue mix and expand our product portfolio and pipeline."
- [news.bloomberglaw.com](https://news.bloomberglaw.com/mergers-and-acquisitions/anika-therapeutics-to-buy-parcus-medical-arthrosurface), 2020-01-06: "Anika Therapeutics agrees to buy Parcus Medical and Arthrosurface in a move to expand its product portfolio into joint preservation and restoration segments."
- [prnewswire.com](https://www.prnewswire.com/news-releases/sale-of-global-leader-in-joint-preservation-incubated-at-primo-medical-group-300985910.html), 2020-01-13: "Primo Medical Group... is pleased to announce the sale of its spin-off company Arthrosurface, to Anika Therapeutics."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.