Ryan Phillips

Part of Sanara MedTech, Inc., Scendia Biologics LLC is a private company that supplies a range of orthobiologic and soft tissue focused products used in a wide variety of surgical specialties. The company is based in Orlando, FL. Scendia operates a state licensed and FDA registered tissue bank for the storage and distribution of allograft tissue based products to hospitals, surgery centers, and clinicians across the US. Sanara plans to expand Scendia's geographic footprint and integrate their surgical products into the company's national strategy. Scendia generates revenue in 8 states at or above $50,000 per year where Sanara does the same. Sanara's management believes that there is an opportunity to expand Scendia's sales in the additional 18 states where Sanara also generates revenue above that level. Sanara's goal is to expand its geographic footprint across all 50 states for both its and Scendia's products. The company was founded in 2016 by Ryan Phillips. Scendia was acquired by Sanara MedTech, Inc. on July 05, 2022 for $17.39 million.