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Zimmer Biomet Holdings Inc.

www.zimmer.com

Latest From Zimmer Biomet Holdings Inc.

Pediatric Scoliosis Device Nabs HDE Approval

The US FDA has approved Zimmer Biomet’s Tether device, which is the first device of its type cleared to treat children with a form of spinal curvature. It's also the first pediatric spinal device to net Humanitarian Device Exemption approval from the agency in 15 years, the company says.

Orthopedics Approvals

Mako Robot Sales Drive Stryker’s Orthopedics Business In Second Quarter

Stryker reported organic growth of 8.5% during the second quarter of 2019 led by 12% growth in the medical and surgical equipment business, 7% growth in neurotechnology and spine revenue, and 6% growth in sales of orthopedic devices, led by the Mako robotic surgery system.

Commercial Sales & Earnings

Zimmer Biomet Continues Turnaround Lead by ROSA Robot

Zimmer Biomet’s net sales were up 1.2% year-over-year in the second quarter. CEO Bryan Hanson said the ROSA Knee robotic surgery system is performing even better than expected since it launched earlier this year, and is expected to be an important revenue-driver in the future.

Sales & Earnings Orthopedics

No Do-Over Needed In Supreme Court Patent Case, Stryker Says

The US Supreme Court doesn’t need to take a second look at a 2016 ruling on when parties found responsible for patent infringement must pay trebled damages, medical device giant Stryker told the court in a recent filing. Previously, federal courts had ordered fellow device-maker Zimmer to pay almost $250m to Stryker for violating patents on a wound-debridement device.

Intellectual Property Legal Issues
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Company Information

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