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Biomet

Stryker CFO Jellison retires, Boehnlein steps up | Personnel Moves

January 27, 2016 By Fink Densford

Stryker (NYSE:SYK) said yesterday that CFO and veep William Jellison is retiring, and will be replaced by former medsurg & neurotechnology group CFO Glenn Boehnlein. The Kalamazoo, Mich.-based company said Jellison, who’s been with Styker for 3 years, will pursue positions on boards and devote more time to his family. Jellison will stay on through […]

Filed Under: Business/Financial News Tagged With: Biomet, Bonesupport, Boston Scientific, Hospira Inc., JenaValve, Medtronic, Noxilizer Inc, Personnel Moves, Smith & Nephew, SpineGuard, Stryker

DJO Global closes Zimmer/Biomet buys

July 1, 2015 By Fink Densford

DJO Global said yesterday its subsidiary Encore Medical has closed on the purchase of Zimmer (NYSE:ZMH) and Biomet assets that the merging companies were unloading to satisfy U.S. anti-trust regulations. The purchase included Biomet Cobalt bone cement, Optivac cement mixing accessories, the SoftPac pouch and Discovery elbow system for the U.S. marketplace, DJO Global said. Financial details of […]

Filed Under: Business/Financial News, Mergers & Acquisitions, Orthopedics, Prosthetics Tagged With: Biomet, DJO Global, Zimmer Biomet

Zimmer & Biomet shift personnel after acquisition| Personnel Moves

June 30, 2015 By Fink Densford

Zimmer (NYSE:ZMH), who acquired Biomet in a deal that closed this month, announced a series of personnel shifts upon the closure of the merger. Zimmer CFO and senior veep James Crines has stepped down from his position to retire, effective August 3, to be replaced by former CFO and senior veep of BiometDaniel Florin, the company said. […]

Filed Under: Business/Financial News Tagged With: Biomet, Boston Scientific, Cantel Medical Corp., Cochlear Ltd., DynoSense, InVivo Therapeutics, Miracor, Nevro Corp., Orthofix, second-sight-medical, Transgenomic Inc., Zimmer Biomet

Smith & Nephew to acquire Zimmer’s U.S. uni knee assets

June 24, 2015 By Brad Perriello

Smith & Nephew (NYSE:SNN) said today that it agreed to acquire the U.S. unicompartmental High Flex knee assets from Zimmer (NYSE:ZMH), which is looking to mollify U.S. anti-trust regulators ahead of its $13.34 billion merger with Biomet. Warsaw, Ind.-based Zimmer last month said it had found buyers for the High Flex knee and Biomet’s Discovery elbow device and Biomet’s […]

Filed Under: Mergers & Acquisitions, Orthopedics Tagged With: Biomet, Smith & Nephew, Zimmer Biomet

Zimmer recalls some M/L Taper hip prostheses

June 19, 2015 By Fink Densford

Zimmer (NYSE:ZMH) is recalling some of its M/L Taper hip prosthesis with femoral stems and necks due to an issue concerning manufacturing residue on the devices, according to the FDA. The FDA labeled it a Class I recall, the most serious type of recall issued by the federal watchdog, indicating that “there is a reasonable probability that […]

Filed Under: Blog, Recalls Tagged With: Biomet, FDA, Zimmer Biomet

Zimmer, Biomet find buyer for knee, elbow assets

April 23, 2015 By Brad Perriello Leave a Comment

Zimmer, Biomet find buyer for knee, elbow assets

Filed Under: Mergers & Acquisitions, News Well, Orthopedics Tagged With: Biomet, Lima Corporate, Zimmer Biomet

Feds indict ex-Acclarent execs | The week in medtech M&A

April 15, 2015 By MassDevice Leave a Comment

Feds slap former Acclarent execs with fraud charges

April 13, 2015 by Brad Perriello

Filed Under: Mergers & Acquisitions, News Well Tagged With: Acclarent Inc., Apple, Biomet, EarLens, Ethicon, Explorys, Federal Trade Commission (FTC), IBM, Johnson and Johnson, NxThera Inc., Phytel, Zimmer Biomet

Zimmer extends deadline for $13B Biomet deal

April 14, 2015 By Brad Perriello Leave a Comment

Zimmer extends deadline for $13B Biomet deal

Filed Under: Mergers & Acquisitions, News Well, Orthopedics Tagged With: Anti-Trust, Biomet, Federal Trade Commission (FTC), Zimmer Biomet

Biomet swings to Q3 black

April 9, 2015 By Brad Perriello Leave a Comment

Biomet swings to Q3 black

Biomet today reported a return to fiscal 3rd-quarter profits, despite a foreign currency hit that pushed its top line down nearly 3%, in what’s likely its last financial release as an independent company.

Filed Under: MassDevice Earnings Roundup, News Well Tagged With: 2015, Biomet, Q1

MDT buys hearing aid maker Sophono | The week in medtech M&A

April 1, 2015 By MassDevice Leave a Comment

Medtronic buys hearing aid maker Sophono

March 26, 2015 by Brad Perriello

Filed Under: Mergers & Acquisitions, News Well Tagged With: Biomet, Cogentix Medical, EP Vantage, European Commission, Evaluate Ltd., Go Scale Capital, Philips, Sophono, Uroplasty Inc., Vision-Sciences Inc., Zimmer Biomet

European regulators OK $13B Zimmer-Biomet deal

March 30, 2015 By Brad Perriello Leave a Comment

European regulators OK $13B Zimmer-Biomet deal

Filed Under: Mergers & Acquisitions, News Well, Orthopedics Tagged With: Anti-Trust, Biomet, European Commission, Zimmer Biomet

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