Medical Instruments & Supplies M&A » By The Online Investor Staff, updated Tue., Apr. 30, 10:42 AM
Recent mergers and acquisitions in the Medical Instruments & Supplies M&A category.
Slide #91. Zimmer Holdings, Inc. — Knee Creations, LLC
Acquirer: |
Zimmer Holdings, Inc. (ZMH) |
Acquiree: |
Knee Creations, LLC |
Details: |
Zimmer Holdings, Inc. (NYSE: ZMH; SIX: ZMH) announced today that it has acquired the business assets of West Chester, Pennsylvania-based Knee Creations, LLC. The acquisition enhances Zimmer's product portfolio of knee treatments through the addition of Knee Creations' Subchondroplasty procedure. Subchondroplasty is an innovative, proprietary joint-preservation treatment that has been shown to deliver sustained relief to patients with knee pain, with or without arthritis. It is the first procedure to address an unmet clinical need between early interventions, including NSAIDs and arthroscopy, and total joint replacement. |
Zimmer Holdings is engaged in the design, development, manufacture and marketing of orthopaedic reconstructive, spinal and trauma devices, biologics, dental implants and related surgical products. Co.'s primary customers include orthopaedic surgeons, neurosurgeons, oral surgeons, dentists, hospitals, stocking distributors, and healthcare dealers. Co. manages its operations through three geographic segments: the Americas, which is comprised of the U.S. and includes other North, Central and South American markets; Europe, which is comprised of Europe and includes the Middle East and African markets; and Asia Pacific, which is comprised of Japan and includes other Asian and Pacific markets.
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April 30, 2024 10:42 AM Eastern
Buy (3.42 out of 4)
100th percentile
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