Anika Therapeutics, Inc. (NasdaqGS:ANIK) will look for acquisitions. Cheryl Blanchard,President and Chief Executive Officer said, "In terms of any inorganic investments, we certainly have a strong balance sheet. We think that's a very positive thing in the current dynamic in which we all exist from an economic perspective.

But we do continue to look for tuck-in acquisitions where we think there's a good fit with our portfolio, where we think you could add to the bag for our sales team. And so yes, we continue to look for those opportunities when we think the financials and the valuations would make sense for us".