In an effort to grow its presence in the global orthopaedic market, Elos Medtech has announced a dedication of resources that includes naming Jodie Gilmore, Managing Director of Elos Medtech Onyx, as the company’s new Orthopaedic Business Director. Ms. Gilmore will lead Elos Medtech’s global orthopaedic strategy in its ongoing plans to focus entirely on the medical device industry.
Ms. Gilmore will remain in Memphis, Tennessee and continue as the Managing Director of the Elos Medtech Onyx site.
As part of its strategy to become a global solutions provider to the medical device industry, Elos Medtech acquired U.S. based Onyx Medical in 2015, effectively establishing a presence in the largest orthopaedic market. More than two years have passed since the announcement, and Memphis-based Onyx Medical has had a considerable impact on the Swedish company’s profit and its ability to penetrate the orthopaedic market, specifically in trauma, extremities and spine. Elos Medtech secured revenue of $62.5 million in 2016, with the orthopaedic business accounting for one-third of the company’s revenue.
Elos Medtech is the OMTEC 2018 Premier Sponsor.
Source: Elos Medtech