Brainlab provides pre-operative planning, intra-operative navigation and tools for post-op evaluation and information sharing. Smith & Nephew also gains access to cloud computing, tracking, augmented reality, robotics, artificial intelligence, machine learning, image fusion and anatomic segmenta... Read more »
The transaction includes BIO4 viable bone matrix, an alternative to autograft, and Cartiform cryopreserved viable osteochondral allograft for articular cartilage repair. ... Read more »
The company's ligament balancing technology provides a framework for integration into ExactechGPS computer-assisted navigation to further advance the Truliant Total Knee. ... Read more »
The firm, which is focused on medical contract manufacturing and OEM branded devices, can assess strategic alternatives and advise in the sale or acquisition of a company. ... Read more »
Financial terms were not disclosed; Orchid’s current management team will remain in place. ORTHOWORLD estimates place the company's annual orthopaedic-related revenue in the range of $315MM to $325MM, holding 6% of an over $5BB global orthopaedic contract manufacturing market.... Read more »
Micro 100 manufactures internal boring, grooving and threading and milling tools.... Read more »
Renovis Surgical Technologies is a developer of hip and knee joint reconstruction, spinal and trauma devices. The transaction complements U.S. sales of Kyocera’s own FDA-cleared total hip devices and grants the company access to spine products—a segment in which it formerly did not operate.... Read more »
What else did you read about the most on our website last year? Arthroscopy/soft tissues companies to watch; products in spine, knee and hip; surgeon perspectives on implant material choice; supply chain quality; labelling mistakes, Brazil and more. ... Read more »
The previously announced purchase demonstrates Medtronic’s belief in the future of guided spinal procedures. Mazor joins Medtronic’s Neurosurgery business, part of the Restorative Therapies Group’s Brain Therapies division.... Read more »
Avalign is a precision manufacturer of implants, instruments, cutting tools, specialty instruments and cases/trays.... Read more »
Relius is a contract manufacturer specializing in complex metal machining.
... Read more »
Ceterix Orthopaedics is the developer of the NovoStitch® Pro Meniscal Repair System. SNN will pay up to $105MM, comprising an initial cash consideration of $50MM and $55MM over the next five years, contingent upon financial performance.... Read more »
UPI is a contract manufacturer specializing in instruments and guide wires, primarily for spine.... Read more »
We estimate that revenue for the orthopaedic contract manufacturing market reached $5 billion in 2017, +7.6% from 2016. We examine the sector’s market forces, capability trends, main players and future growth drivers to inform you how your supplier partners are transforming their businesses.... Read more »
Medacta gains access to Balgrist CARD’s MyOsteotomy, a tool for planning/executing complex osteotomy with a patient-specific approach. MyOsteotomy combines 3D pre-op planning and custom drilling, cutting and reduction guides to produce an “exact preoperative assessment and an accurate, controlle... Read more »
In line with the small number of OEM/supplier M&A transactions that have occurred in orthopaedics during the last five years, the deal came about because of a familiarity between the two companies in combination with various market forces.... Read more »
This acquisition expands Carpenter’s additive manufacturing capabilities.... Read more »
Global Orthopaedic Technology (GOT), which bills itself as the largest Australian-owned orthopaedic implant designer and manufacturer, was established in 1999 and serves Australia and the U.S.—two markets in which Corin has an established presence.... Read more »
Medtronic, DePuy Synthes, Stryker and Globus Medical—four of the five largest spine companies ranked by revenue—announced acquisitions in the last month. We recap the additions to their product portfolios.... Read more »
K2M’s innovative technology platform will add a suite of complex spine solutions to Stryker’s core spine portfolio; K2M’s consistent support of additive manufacturing of devices could also benefit Stryker’s long-term growth.... Read more »
Cartiva’s Synthetic Cartilage Implant is used to treat arthritis in the great toe. Wright’s $435MM purchase of the technology (expected to close in 4Q18) enhances its position in the space by providing access to what company leadership described as a ~$420MM addressable market.... Read more »
This acquisition expands the U.S.-based analytical testing capabilities of Nelson Laboratories.... Read more »
Financial terms of the purchase were not disclosed; Medbio specializes in precision injection molding, instrument manufacturing, laser processing, packaging and component parts.... Read more »
As the number one-ranked contract manufacturer serving the orthopaedic market, based on 2017 ORTHOWORLD revenue estimates, the purchase aligns with Tecomet's recent M&A activity. HD Surgical manufactures high-precision instruments and possesses a wide array of machining capabilities.... Read more »
The transaction, announced in May, was valued at U.S. $600MM.... Read more »
This acquisition is part of Röchling’s strategy to grow its U.S. business.... Read more »
The purchase of Nanosurfaces Industries is expected to boost Eurocoating’s additive capabilities.... Read more »
The transaction, of which financial terms were not disclosed, directly aligns with In'Tech’s recent strategic focus on global expansion. ... Read more »
The sale, which closes in 3Q18 and is for $600MM in cash, adds a range of metals manufacturing capabilities (e.g. machining, stamping, coating and metal forming) for MedPlast, as well as design, development and prototyping services. ... Read more »
The contract manufacturer will join the MW Medical Solutions brand.... Read more »
Cadence’s leadership and management team will remain in place post-transaction.... Read more »
The recent acquisition of Paragon Medical, coupled with purchases of several other household names during the past three years, means that NN has positioned itself as a top-10 contract manufacturing player. ... Read more »
The acquisition, at a price of $375MM in cash, will close during 2Q18 and positions NN as one of the 10 largest contract manufacturers in orthopaedics.... Read more »
Oberg’s manufacturing capabilities increase with the acquisition.... Read more »
Over an eight-year span, the gap between the number of OEM transactions versus those in the supplier space was its narrowest in 2017.... Read more »
Zyga Technology is the developer of the SImmetry® Sacroiliac Joint Fusion system.... Read more »
With the recent M&A activity in the supplier space, all OEMs should be prepared in the event an important supplier is acquired or merged with.... Read more »
MinebeaMitsumi acquired C&A Tool Engineering to expand its presence in medical, additive manufacturing, precision machining and ball bearings.... Read more »
In fewer than 18 years, Mike Miller founded and led Stealth Technologies from a five-man operation supplying high-performance auto parts to its existence today as Orchid Orthopedic Solutions, one of the larger contract manufacturers in orthopaedics.... Read more »
Proper implementation post-close will allow your supply chain to deliver immediate and long-term value and avoid integration delays and disruptions.... Read more »
OrthoPlastics is a global supplier of UHMWPE to orthopaedic device manufacturers.... Read more »
The primary responsibility of the supply chain team post-M&A is the assurance of uninterrupted upstream and downstream product supply. These essential steps will assist you in identifying supply chain risk and developing a plan to minimize that risk.... Read more »
The transaction supports Tecomet's strategic priority to lead in the minimally invasive market.... Read more »
Avoid disruptions in customer service and financial performance by reviewing the people, processes and supporting systems of upstream and downstream supply chains.... Read more »
Instratek markets staple and hammertoe implants and instrumentation for foot, ankle and upper extremity procedures. The transaction is expected to close in 4Q16.... Read more »
In efforts to invigorate revenue growth, Medtronic and Zimmer Biomet have focused on niche technologies that expand their portfolios—but have yet to prove wide scale adoption.... Read more »
Tecomet, manufacturer of precision engineered components supporting the medical device industry, has appointed Mark Kemp to the position of President and Chief Executive Officer.
Kemp brings a wealth of medical device experience to this new role. Previously, he spent 16 years with Flextronics in pr... Read more »
Adaptive designs have emerged as an attractive alternative to traditional clinical studies due to the potential to reduce resources, time and costs. However, several critical components must be considered to determine whether such a trial design is a fit for you.... Read more »
Adaptive designs have emerged as an attractive alternative to traditional clinical studies due to the potential to reduce resources, time and costs. However, several critical components must be considered to determine whether such a trial design is a fit for you.... Read more »
Consolidation has picked up at the supplier level as manufacturers seek to meet the needs of OEM customers that are also expanding through consolidation.... Read more »
Given healthy balance sheets and cheap debt, large and mid-sized buyers are well positioned to pursue acquisition opportunities in 2018 and beyond. CEOs seeking to buy or sell should consider these best practices and expert tips.... Read more »
Adaptive designs have emerged as an attractive alternative to traditional clinical studies due to the potential to reduce resources, time and costs. However, several critical components must be considered to determine whether such a trial design is a fit for you.... Read more »
Adaptive designs have emerged as an attractive alternative to traditional clinical studies due to the potential to reduce resources, time and costs. However, several critical components must be considered to determine whether such a trial design is a fit for you.... Read more »
Adaptive designs have emerged as an attractive alternative to traditional clinical studies due to the potential to reduce resources, time and costs. However, several critical components must be considered to determine whether such a trial design is a fit for you.... Read more »
