Synovis Life Technologies
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Synovis Life Technologies is a Minneapolis-based manufacturer of various medical devices. The company appeared on the 2004 edition of Fortune 100 Fastest Growing Companies, a categorisation also indicative of sales exceeding $50 million.[1] It has also appeared on the Forbes 200 Best Small Companies lists, and the Russell 2000 Index.[2]
Until May 1, 2002 it was known as Bio-Vascular, Inc., it changed names to reflect a diversified field of products.[3] According to its 2010 annual report, the firm went public in 1985, and now reports a net revenue of $68 million and net income of $4.9 million. The same report listed the company's President and Chief Executive Officer as Richard W. Kramp and the Chairman of the Board of Directors as John D. Seaberg.[4]
In February 2012, Synovis was acquired by Baxter International.[5]