About LACTEL Absorbable Polymers
LACTEL Absorbable Polymers is a Chemicals & Materials company based in Birmingham (United States) founded in 1987, and was acquired by Evonik in December 2020. Biodegradable polymers are manufactured and supplied for medical uses. Its focus areas include Chemicals and Materials and Polymers.
Company details
LACTEL Absorbable Polymers was established in 1987 in Birmingham, United States. Biodegradable polymers, including absorbable variants, are produced and distributed by the company within the medical and biomedical sector. Operations focus on developing materials for sutures, implants, and drug delivery systems. Supplies are provided to global clients through standard and custom formulations, with emphasis on regulatory compliance and material performance.
- Headquarters Birmingham, United States
- Stage Acquired
- SectorsChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website absorbables.com
- Acquired by Evonik (Dec 2020)
Investors in LACTEL Absorbable Polymers
LACTEL Absorbable Polymers has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Evonik.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Evonik is recognized as a leader in specialty chemicals innovation. | 1847 | evonik.com | Essen, Germany |
Investor details for LACTEL Absorbable Polymers
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Timeline of LACTEL Absorbable Polymers
2 dated milestones of LACTEL Absorbable Polymers across 33 years, from founding to its latest funding, stage changes and deals.
- Founded LACTEL Absorbable Polymers is founded.
- Exit Acquired by Evonik.
Top companies in Polymers & Plastics
2 companies that operate in the same segment as LACTEL Absorbable Polymers (Polymers & Plastics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Plastic packaging and protective solutions are manufactured globally. | 1967 | Evansville, Indiana, United States | ||||
Plant-based specialty ingredients are manufactured for consumer products. | 2005 | Stratham, New Hampshire, United States | USD 23.62 M | USD 10.73 M |
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Frequently Asked Questions about LACTEL Absorbable Polymers
LACTEL Absorbable Polymers was founded in 1987.
LACTEL Absorbable Polymers is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
LACTEL Absorbable Polymers was established in 1987 in Birmingham, United States. Biodegradable polymers, including absorbable variants, are produced and distributed by the company within the medical and biomedical sector. Operations focus on developing materials for sutures, implants, and drug delivery systems. Supplies are provided to global clients through standard and custom formulations, with emphasis on regulatory compliance and material performance.
LACTEL Absorbable Polymers has 1 investor. Key investors include Evonik.
Yes. LACTEL Absorbable Polymers was acquired by Evonik in December 2020.