Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers K > Headlines for Kinetic Concepts Inc. > News item |
Moody's: No change to Kinetic
Moody's Investors Service said that a new competitive surgical mesh offering is credit negative for Kinetic Concepts, Inc. However, there are no changes to Kinetic Concepts' B2 rating or stable outlook.
According to Moody's, Allergan Inc. announced last week that it gained FDA clearance for a new surgical mesh product, called SeriScaffold.
The agency said it believes this product will likely compete head to head with Kinetic Concepts' key regenerative medicine products, AlloDerm and Strattice.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.