Zimmer Holdings, Inc. has announced its acquisition of Memphis-based ExtraOrtho, Inc., including its external fixation line, XtraFix External Fixation System.
“This acquisition further enhances Zimmer’s position in the vital and growing external bone fixation market,” said Jeff Paulsen, President, Zimmer Global Businesses. “The XtraFix technology is one of the most simple and effective solutions for external fixation, and we’re confident that trauma care professionals will welcome this addition to Zimmer’s comprehensive portfolio of external and internal fixation products.”
In response to a series of recently introduced new technologies, Zimmer has become one of the industry’s fastest growing companies in the $5.5 billion global trauma market. The acquisition of ExtraOrtho broadens Zimmer’s portfolio of Trauma solutions and strengthens the Company’s position in the $820 million external fixation market. The XtraFix External Fixation System can be used for unilateral and multilateral fixation of long bones, wrist, ankle and pelvic fractures.
Medlatest notes that the company makes no mention of a CE mark and is unresponsive when asked, so we assume the device is not available in Europe yet.
Source: Zimmer, medlatest staff
published: November 15, 2011 in: Mergers and Acquisitions, Trauma, USA, Zimmer