PEMBROKE, Bermuda, April 23 /PRNewswire-FirstCall/ -- Tyco
International Ltd. (NYSE: TYC; BSX: TYC) today announced that Tyco
Healthcare's Surgical Devices business has acquired Sorbx LLC's
AbsorbaTack(TM) product and related assets. Terms of the transaction were
not disclosed.
Sorbx, a privately-held business located in Jacksonville, Florida, has
developed AbsorbaTack(TM), an absorbable tack technology for use in both
inguinal and ventral hernia repair. Hernia repair typically involves use of
a prosthetic mesh implant to secure the organs within the abdominal cavity
and to provide additional support to the repaired abdominal tissue. The
mesh itself is secured to the abdominal wall with a combination of tacks,
staples and/or sutures.
ABOUT TYCO INTERNATIONAL
Tyco International Ltd. is a global, diversified company that provides
vital products and services to customers in five business segments: Fire &
Security, Electronics, Healthcare, Engineered Products & Services, and
Plastics & Adhesives. With 2006 revenue of $41 billion, Tyco employs
approximately 250,000 people worldwide. More information on Tyco can be
found at http://www.tyco.com .
ABOUT TYCO HEALTHCARE
As a major business segment of Tyco International Ltd., Tyco Healthcare
manufactures, distributes and services an extensive product line including
disposable medical supplies, monitoring equipment, innovative wound closure
products, advanced surgical devices, medical instruments and bulk analgesic
pharmaceuticals. With industry-leading brand names such as Autosuture,
Kendall, Mallinckrodt, Nellcor, Puritan Bennett, Syneture and Valleylab,
Tyco Healthcare products are found in virtually every healthcare setting.
SOURCE Tyco International Ltd.
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Related links:
http://www.tyco.com/
CONTACT:
Media, Sheri Woodruff, +1-609-720-4399,
swoodruff@tyco.com , or Investor Relations, Ed Arditte,
+1-609-720-4621, or Karen Chin, +1-609-720-4398 , all for Tyco
International Ltd.
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