Zimmer Biomet announced today that it made a number of updates to its leadership team. The changes follow the recent appointment of Ivan Tornos to CEO after Bryan Hanson left for the corner office at 3M Health Care. Amid the changes, Zimmer Biomet named Wilfred van Zuilen group president, EMEA, and promoted Mark Bezjak to […]
Zimmer Biomet
Zimmer Biomet CEO leaves to take over another big medtech
Bryan Hanson has left the corner office of ortho tech giant Zimmer Biomet to become CEO of the soon-to-be-independent healthcare business at 3M, the companies announced today. Hanson takes over 3M’s healthcare business on Sept. 1. “I have a deep respect and admiration for what 3M has built in health care — strong brands, quality […]
The 10 largest orthopedic device companies in the world
Two of the world’s largest orthopedic device companies expect accelerated revenue growth this year. Stryker and Zimmer Biomet both upped their 2023 guidance during recent earnings calls, a sign that orthopedic procedures are bouncing back from the COVID-19 pandemic. GlobalData predicted earlier this year that the recovery will lift the ortho devices market to nearly $50 […]
Zimmer Biomet beats The Street in Q2 — but it may not be enough
Zimmer Biomet today reported second-quarter results that beat Wall Street’s analysts’ expectations, again upping its guidance for the year. “We’re pretty happy about the results we get to discuss today,” CEO Bryan Hanson told analysts. He added that the Warsaw, Indiana–based orthopedic device giant achieved its results in the face of significant macroeconomic challenges affecting […]
First clinical case performed with NeuroOne Evo sEEG, Zimmer Biomet Rosa One Brain
NeuroOne Medical Technologies (Nasdaq:NMTC) today announced the first clinical case performed with its Evo sEEG in robotic neurosurgery. Dr. William Bingaman performed the procedure with the electrode — exclusively marketed by Zimmer Biomet — at Cleveland Clinic. It marks the first procedure to utilize NeuroOne’s Evo sEEG with Zimmer Biomet’s Rosa One Brain. The Rosa […]
Formus Labs wins clearance for AI-powered ortho surgery planning
Formus Labs today announced FDA clearance of its Formus Hip automated radiological image processing software for hip replacement pre-op planning. The New Zealand–founded company described the clearance as the last hurdle it needed to overcome to start making Formus Hip widely available in the United States. According to Formus Labs, its software saves time for […]
NeuroOne launches Evo sEEG electrodes in the U.S.
NeuroOne Medical Technologies (Nasdaq:NMTC) announced today that it commercially launched its Evo sEEG electrode line in the U.S. Zimmer Biomet holds exclusive worldwide distribution rights to the Evo Cortical and sEEG product lines. NeuroOne expects the line to utilize Zimmer Biomet’s Rosa One Brain robotic surgery platform for neurosurgical procedures. Zimmer paid $3.5 million to […]
Zimmer Biomet’s profits were 16 times greater in Q1
Zimmer Biomet saw its stock rise today on Street-beating first-quarter results and raised guidance that analysts described as impressive. ZBH shares were up more than 3% to $143.68 by late morning. MassDevice‘s MedTech 100 Index, which includes stocks of the world’s largest medical device companies, was up slightly. News of the strong Q1 comes a day […]
Zimmer Biomet to acquire 3D-printed implant maker Ossis
Zimmer Biomet announced today that it reached a definitive agreement to acquire Ossis, a maker of personalized 3D-printed implants. Ossis also offers complex hip replacements, including second-time replacements and ones involving bone tumors and trauma. The company boasts rapid design and production of personalized implants. This aligns with ZB’s commitment to providing personalized experiences, according […]
22 MedTech Innovator all-stars will pitch at DeviceTalks Boston
Nearly two dozen MedTech Innovator portfolio startups will pitch their technology to medtech industry innovators, executives and engineers at DeviceTalks Boston on May 10-11. The MedTech Innovator accelerator program picked the 22 all-stars from hundreds of applicants. The all-stars who will be featured over the two-day event at the Boston Convention and Exhibition Center are: […]
What’s on the horizon in surgical robotics?
While question marks remain over where medtech is going, the path for surgical robotics remains full of excitement. Medical technology has experienced a bit of a rocky period lately. Layoffs continue to hamper the space, and financial outlooks are a bit cloudy for some companies. However, there remains plenty to look forward to in the […]
