What is "convatec"

ConvaTec is a global medical products and technologies company, offering products and services in the areas of wound and skin care; ostomy care; continence and critical care; and infusion devices. ConvaTec has over 8,000 employees, with eleven manufacturing sites in eight countries, and does business in more than 100 countries. The company has $1.7B in annual sales and is owned by Nordic Capital and Avista Capital Partners.

History:

1978 – ConvaTec created as a division of E.R. Squibb & Sons, Inc. (now Bristol-Myers Squibb) 2008 – ConvaTec acquired by Nordic Capital and Avista Capital Partners 2008 – ConvaTec acquires Unomedical 2012 – ConvaTec acquires 180 Medical 2015 – ConvaTec wins UK Court of Appeal ruling that rewrites the laws of mathematics in the patent context, holding the number one no longer has singular properties, but exists on a scale of 0.5 - 1.49