Össur (NSDQ:OSSR) announced today that it acquired Naked Prosthetics and its offerings for finger and partial hand amputees. Hämeenlinna, Finland-based Össur’s acquisition of Naked Prosthetics, a developer of mechanical devices individually designed to mimic the natural motion of the finger, went into effect on Aug. 26, 2022. The company said in a news release that […]
Ossur
Össur launches next-gen Power Knee
Össur (NSDQ:OSSR) announced today that it launched its new Power Knee microprocessor prosthetic knee system. Reykjavik, Iceland–based Össur designed the motor-powered “smart” prosthesis with advanced algorithms for detecting human movement patterns, learning and adjusting to the wearer’s speed and cadence in real-time. The platform creates motion through active powered assistance while distinguishing what surface, incline or […]
Steeper Group acquires College Park Industries’ Espire Elbow
Steeper Group announced today that it completed the acquisition of College Park Industries’ Espire Elbow prostheses range. Leeds, England-based Steeper Group completed the transaction after a COVID-19-forced delay. After the FTC approved Össur’s acquisition of College Park Industries, the three parties agreed to the delay, but are now able to complete the transaction. Espire Elbow […]
Amputees control Össur bionic legs with their thoughts
Appeals court denies Otto Bock’s bid to bar Össur prosthetics
Boston Marathon bombing: Prosthetics makers support victims facing “harsh and unreasonable” insurance limits
A group of prosthetic device makers has pledged to provide financial support to victims of the Boston Marathon bombing who lost limbs as a result of last month’s attack.
The American Orthotic & Prosthetic Association launched its "Coalition to Walk and Run Again," an effort to aide uninsured and under-insured victims of the April 15th bombing. The attack killed 3 people and left more than 200 injured, several of whom lost portions of their legs as a result.
Olympics: Will Oscar Pistorius’ quest for the gold yield a victory for Össur?
Medical device company Össur’s “Life Without Limitations” slogan may achieve a new level of meaning Saturday when South Africa’s Oscar Pistorius takes the Olympic field in London for the individual 400-meter and 4×400 meter relay qualifying heats.
Pistorius, of course, is the double amputee who wears Össur’s Flex-Foot Cheetah on each of his legs, the 1st such candidate to compete in the Olympics. The high-caliber prosthetic technology has enabled Pistorius’ running career to flourish, earning him the nickname “Blade Runner,” and “fastest man on no legs.”
Sorin’s 2011 profits rise despite flat sales | Earnings Roundup
Sorin Group (BIT:SRN) managed to raise its bottom line despite flat sales for 2011 by raising its gross margin via restructuring, posting a profit increase of 48.3% for the year.
The Milanese cardiovascular device maker reported profits of $75.2 million (~€58.0 million) on sales of $963.4 million (~€743.4 million), compared with profits of $50.7 million (~€39.1 million) on sales of $966.5 million (~€745.8 million) during 2010.
