# Bioventus acquires Bioness for $45M up-front

Bioventus Inc. acquired Bioness Inc., a rehabilitation solutions company, for $45 million up-front with up to $65 million contingent on milestones.

- Type: Acquisition
- Announced: 2021-03-31
- Where: United States
- Value: $45.0M
- Status: completed
- Products: peripheral nerve stimulation therapy technology, rehabilitation systems
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Bioventus Inc.](https://endata.com/companies/54140.md) (acquirer)
- [Bioness Inc.](https://endata.com/companies/54141.md) (target)

## Sources

- [healio.com](https://www.healio.com/news/orthopedics/20210331/bioventus-announces-acquisition-of-bioness), 2021-03-31: "Bioness has developed groundbreaking and best-in-class technologies, and we are excited about the opportunity for Bioventus to further Bioness’ vision of improving the lives of patients."

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