Category: Zimmer Holdings
Orthopedic giant Zimmer isn't revealing the price it paid for Germany-based foot & ankle and hand & wrist devices maker NORMED Medizin-Technik GmbH.
Orthopedics giant Zimmer (NYSE:ZMH) announced today that it acquired Germany-based NORMED Medizin-Technik GmbH, but the companies are keeping quiet about the terms of the deal.
NORMED develops screws, plates and specialized instruments for use in foot & ankle and hand & wrist surgeries, Zimmer said.
Personal injury lawsuits filed against Zimmer Holdings in Pennsylvania and Oklahoma are sent back to lower courts for reconsideration.
Zimmer (NYSE:ZMH) won a reprieve in a personal injury lawsuit filed over its Durom cup hip implant, but saw an erstwhile win in Oklahoma go down.
Matthew Scott, former director of operations for Zimmer Holdings' dental business, is named senior vice president of operations for custom knee implant maker ConforMIS.
ConforMIS lured Zimmer's dental business operations director, Matthew Scott, away to be its new chief operating officer as it looks to scale up its customized knee implant business.
The Bedford, Mass.-based medical device company said Scott bring's a decade's worth of ops experience from his tenure at Zimmer. ConforMIS makes knee replacement implants and instrumentation that are custom-fit to patients' morphology.
Medical device company Zimmer Holdings said it plans to acquire Knee Creations and its subchondroplasty knee pain treatment for an undisclosed amount.
Zimmer (NYSE:ZMH) said it agreed to pay an undisclosed amount for Knee Creations LLC and its joint preservation treatment.
The Warsaw, Ind.-based orthopedic medical device company said West Chester, Pa.-based Knee Creations' subchondroplasty treatment is designed to treat knee pain, whether associated with arthritis or not.
Zimmer's spinal devices sales sink 10% amid continued pricing pressure, but the orthopedic company manages to meet analysts' expectations for Q1 2013 earnings.
Orthopedic medical devices maker Zimmer (NYSE:ZMH) met analysts' expectations with its 1st quarter earnings, but saw a steep decline in its spinal sales.
Phil Ankeny, the new CFO of Minnetronix, moves from the corner office of SurModics to the St. Paul, Minn., offices of the medical device company.
New Minnetronix CFO started yesterday
The new CFO of Minnetronix, Phil Ankeny, joined the company today. Ankeny moved over to Minnetronix from SurModics Inc., where he served as interim CEO and CFO. His background is in venture capital, IT startups and investment banking.
Jeffrey Paulsen, hired in 2010 to lead medical device company Zimmer Holdings' global business group, is leaving effective March 20.
Zimmer (NYSE:ZMH) revealed in a regulatory filing that Jeffrey Paulsen, president of its global business division, is departing next week.
"The separation is not the result of any misconduct," according to the filing, which did not elaborate on the reasons for Paulsen's departure.