# Salona Global to acquire physical medicine assets of Biodex Medical Systems

Salona Global Medical Device Corporation has executed a definitive agreement to acquire the physical medicine assets of Biodex Medical Systems, Inc. for US$5 million in cash at closing plus up to US$3 million in deferred payments.

- Type: Acquisition
- Announced: 2022-11-29
- Where: San Diego, California, United States
- Value: $5.00M
- Status: announced
- Products: physical therapy medical devices, athletic training products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Biodex Medical Systems](https://endata.com/companies/49947.md) (target)
- [Salona Global Medical Device Corporation](https://endata.com/companies/61712.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2022/11/29/2564369/0/en/Salona-Global-Executes-Binding-Agreement-to-Acquire-the-Physical-Medicine-Assets-of-Biodex-Medical-Systems-Inc.html), 2022-11-29: "Salona Global has executed a definitive asset purchase agreement to acquire the physical medicine assets of Biodex Medical Systems, Inc."

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