Manatee medical manufacturer acquired for $120 million

Former Biolife CEO and chairman Stuart Jones, right, says on LinkedIn that he has retired after selling the company.
Former Biolife CEO and chairman Stuart Jones, right, says on LinkedIn that he has retired after selling the company.
Photo by Mark Wemple
  • Manatee-Sarasota
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A Manatee County medical manufacturer has been acquired for $120 million. Merit Medical Systems, traded on the Nasdaq under the ticker symbol MMSI, purchased Biolife Delaware LLC, a privately traded company that makes patented hemostatic devices under the brand names StatSeal and WoundSeal. As a result of the deal, Biolife will become a subsidiary of Merit, according to a statement. 

 

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