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Merger and Acquisition Activity in Orthopaedics and Spine

Transactions are presented by quarter of closure, then alphabetically by name of acquired company.


Applied Spine Technologies (AST) acquired by Rachiotek

  • Will continue U.S. clinical trials for Stabilimax spine stabilization system (>100 patients enrolled)

Beijing Wei Rui Li Medical majority stake (60%) acquired by China Kanghui

  • Manufacturer of hip and knee systems, cleared to market in China
  • Expects to launch 1st joint replacement to China by early 2012

BoneGrafix minority stake acquired by Global Biotech

  • Develops bone regeneration/replacement products using rapid prototyping plus proprietary metal ion technology to create cost-effective synthetic bone

Cardo Medical’s hip and knee arthroplasty platform acquired by Arthrex

  • Assets include Total, Unicompartmental and Patello Femoral Knees and Total Hip
  • Cardo exploring other strategic alternatives for spine division

Concordia Medical acquired by Biomedical Structures through equity investment

  • Textile manufacturer, engineers biomaterials for orthopaedic tissue engineering, regenerative medicine; products include BIOFELT absorbable polymer scaffold

Facet Solutions acquired by Globus Medical

  • Developer of ACADIA unconstrained pedicle screw-based total facet replacement
  • In U.S. Phase III Investigational Device Exemption study vs. posterior fusion for treatment of stenosis