Kimberly-Clark Buys Baylis Medical Unit

Kimberly-Clark Corp. has acquired the pain management segment of Baylis Medical Co., a Canadian manufacturer of high-tech medical devices for chronic pain management.

The amount of the transaction was not disclosed. A spokesman for Kimberly-Clark says it's possible some jobs could be moved to the Dallas, TX-area since Baylis Medical is based in Canada. However, he adds, no official plans have been announced related to job transfers.

Since 2001, Irving-based Kimberly-Clark has been the distributor of Baylis Medical’s pain management products in the U.S. Kimberly-Clark says the purchase enhances the company’s position in the minimally invasive chronic spinal pain management segment.

"The acquisition of Baylis Medical's pain management business is consistent with our global business plan strategy to invest in the higher-growth, higher-margin medical device market," says Joanne Bauer, president, Kimberly-Clark Health Care. "This transaction will enable us to accelerate the growth of our pain management business around the world while strengthening our commitment to patients suffering from chronic spinal pain.”