Company Overview of TELA Bio, Inc.
TELA Bio, Inc. operates in healthcare industry focusing on biotechnology business. The company was founded in 2012 and is based in Malvern, Pennsylvania.
1 Great Valley Parkway
Malvern, PA 19355
Founded in 2012
Key Executives for TELA Bio, Inc.
President and Chief Executive Officer
Compensation as of Fiscal Year 2015.
TELA Bio, Inc. Key Developments
Lifecell Obtains Preliminary Injunction Preventing TELA Bio’s Launch of its TELAMax Hernia Mesh
May 19 15
Acelity announced that the Superior Court of New Jersey, Somerset County, has granted LifeCell Corporation's request for a preliminary injunction in a trade secret and unfair competition case against TELA Bio, Inc. and two of its executive officers. The preliminary injunction (Case No. SOM-C-12013-15) prohibits TELA Bio from selling TELAMax, its hernia mesh product, in the United States until the completion of a trial, which has not yet been scheduled. In addition, the injunction prevents TELA Bio from recruiting or hiring current or former LifeCell employees and restrains TELA Bio from destroying evidence in this case. The injunction was granted based on a complaint filed by LifeCell in March alleging, among other things, that TELA Bio and two of its founders misappropriated trade secrets and proprietary information and engaged in unfair competition. The Court initially granted a temporary restraining order against TELA Bio in March, and following a hearing on April 30, the Court granted LifeCell's request for a preliminary injunction on May 8, 2015.
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