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Another San Antonio biotech company has been sold to an out-of-state buyer. The latest transaction involves Coastal Life Technologies, which has been acquired by Tempe, Arizona-based MedPlast Inc.
While terms of the deal were not disclosed, the parties involved said that Coastal Life Technologies will remain in San Antonio and retain its president, David Huff, who will now report to Bill Flaherty, president of Medical Device Solutions for MedPlast.
The Arizona company provides a variety of services…