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Author Archive: Akillas

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Biomet Announces Second Quarter of Fiscal Year 2011 Financial Results

Akillas | January 19, 2011 | 0 Comments
Biomet Announces Second Quarter of Fiscal Year 2011 Financial Results

WARSAW, Ind.–(BUSINESS WIRE)–Biomet, Inc. announced today financial results for its second fiscal quarter ended November 30, 2010. Reconstructive sales increased 1% (3% constant currency) worldwide and increased 3% in the U.S. Knee sales increased 2% (3% constant currency) worldwide, with U.S. growth of 3% Extremity sales grew 21% (23% constant currency) worldwide and increased at [...]

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Globus Medical Announces the Acquisition of Facet Solutions Inc.

Akillas | January 19, 2011 | 0 Comments
Globus Medical Announces the Acquisition of Facet Solutions Inc.

AUDUBON, Pa., Jan. 12, 2011 /PRNewswire/ — Globus Medical, Inc., the largest privately held spinal implant manufacturer in the world, today announced that it has acquired substantially all of the assets of Facet Solutions, Inc. of Hopkinton, Mass. The terms of the acquisition are undisclosed. Facet Solutions Inc., a leader in the development of total [...]

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Korean Court System Finds Taeyeon Kyphoplasty Device Infringes a Medtronic Kyphoplasty Patent

Akillas | December 24, 2010 | 0 Comments
Korean Court System Finds Taeyeon Kyphoplasty Device Infringes a Medtronic Kyphoplasty Patent

Korean Court System Finds Taeyeon Kyphoplasty Device Infringes a Medtronic Kyphoplasty Patent Court Orders Destruction of Taeyeon Medical Co., Ltd. Kyphoplasty Product Stock and Manufacturing Equipment SEOUL, South Korea–(BUSINESS WIRE)–Medtronic, Inc. announced today that the High Court in Seoul, Korea has found that the balloon kyphoplasty device made by Taeyeon Medical Co., Ltd. infringes a [...]

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Zimmer Announces Acquisition of SoPlus Orthopaedic Surgical Power Tools Company

Akillas | December 24, 2010 | 0 Comments
Zimmer Announces Acquisition of SoPlus Orthopaedic Surgical Power Tools Company

Zimmer adds established manufacturing capabilities and a range of SoPlus products to portfolio WARSAW, Ind., Dec. 22, 2010 /PRNewswire-FirstCall/ — Zimmer Holdings, Inc. (NYSE: ZMH; SIX: ZMH), a global leader in musculoskeletal care, today announced it has acquired Sodem Diffusion S.A., the manufacturer of SoPlus Orthopaedic Surgical Power Tools based in Geneva, Switzerland. The company [...]

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