As part of deal, Lewisville, Texas-based Orthofix said that all employees of Options Medical were transitioned with the buy, which became effective February 1.
“Options Medical started in North Central Florida as a small team of hard working individuals who wanted to provide the best in medical device solutions to physicians. Today I am proud to say we have grown into a team of 40 plus who cover the states of Florida and Connecticut. We are excited to become a part of Orthofix and look forward to continuing our record of success for many years to come,” Options Medical founder Beth Stevenson said in a prepared statement.
“Options Medical has been a successful distributor for our bone growth therapies devices for many years. We are pleased to have this established and proven partner join the Orthofix team as a part of our direct sales force,” Orthofix spine global prez Brad Niemann said in a press release..
Last month, Orthofix saw shares rise slightly after it posted preliminary fourth quarter and full fiscal year 2018 earnings in line with Wall Street consensus.
At DeviceTalks Boston, Tyler Shultz will give attendees an inside look at Theranos and how he was able to sound the alarm after he realized the company was falling apart. Shultz will take attendees behind the story that everyone is talking about: the rise and fall of Elizabeth Holmes and her diagnostic company, Theranos.
Join Shultz and 1,000+ medical device professionals at the 8th annual DeviceTalks Boston.