Enovis, the parent company of DJO, announced that it entered into a strategic partnership with Kelvi for heating and cooling therapies. Kelvi, which develops hot and cold therapy products, will work with Enovis to deliver industry-leading therapies for rehabilitation, recovery and performance enhancement for patients and athletes of all abilities. According to a news release, […]
DJO
DJO parent Enovis unveils Arsenal ankle plating system
Enovis, the parent company of DJO, announced today that it launched its Arsenal ankle plating system. The Arsenal ankle plating system — the latest addition to the Enovis suite of foot and ankle products and an expansion of the Arsenal foot plating system, consists of 37 anatomically designed plates throughout nine plate families to accommodate […]
DJO’s Enovis buys orthopedic bracing assets of Outcome-Based Technologies
Enovis (NYSE:ENOV) recently announced that its subsidiary DJO Global acquired the assets of Outcome-Based Technologies hip and knee bracing portfolio. DJO added the Excyabir hip brace and CryoKnee knee braces to its DonJoy bracing brand. The financial terms of the deal were not disclosed. “The acquisition of the Excyabir hip brace and the CryoKnee knee […]
DJO parent Enovis completes ESAB spinoff, becomes stand-alone ortho device company
DJO parent company Enovis (NYSE:ENOV) announced today that it completed the spinoff of its fabrication technology business, ESAB (NYSE:ESAB). Following the split, Enovis — formerly Colfax — becomes a new stand-alone orthopedic device company, while ESAB will focus on fabrication technology operating out of the Colfax headquarters in Annapolis Junction, Maryland. According to a news […]
DJO parent Colfax’s medtech earnings up 29% in Q4, Enovis spinoff nears completion
Colfax (NYSE:CFX) shares ticked up slightly on fourth-quarter results that demonstrated impressive growth in medical device sales. The Wilmington, Delaware-based company posted profits of $10 million, or 6¢ per share, on sales of more than $1 billion for the three months ended Dec. 31, 2021, for a 75.6% bottom-line slide on sales growth of 23.6%. […]
DJO’s parent company to be called Enovis
Colfax (NYSE:CFX) recently announced that its planned standalone ortho device company will be called Enovis. “Enovis symbolizes the powerful combination of innovation and vision fueled by our passion for continuous improvement and reinforced by our drive to deliver superior clinical outcomes,” Colfax CEO Matt Trerotola said during a November 4 earnings call, transcribed by The […]
DJO acquires Mathys AG Bettlach
Colfax Corp.’s DJO this week announced that it entered into a definitive agreement to acquire Mathys AG Bettlach for an undisclosed amount. Mathys makes and distributes products for artificial joint replacement, synthetic bone graft solutions and sports medicine. The acquisition is expected to strengthen DJO’s patient-focused innovation pipeline and broaden its reconstructive portfolio. Get the full story […]
