Published Date:
16 May 2008
TOUCH Bionics, the developer of the world’s first commercially-available bionic hand, has acquired an American firm as it continues attempts to expand globally.
The Livingston-based company has acquired Livingskin, which makes the prosthetic skin used for the bionic hand.
The move will give Touch a presence in the United States of America, where 180 patients have already been fitted with its i-LIMB product.
Stuart Mead, chief executive at Touch, said: “This acquisition is hugely significant for Touch Bionics as we are acquiring further technical and competitive advantage in the prosthetics market. It’s a perfect match.”
Tom Passero, president of Livingskin, said: “As part of Touch Bionics, our future is both secure and exciting.”
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Last Updated:
16 May 2008 9:33 AM
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Source:
Edinburgh Evening News
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Location:
Edinburgh
