Globus Medical

Globus Medical, Inc.
Type	Public (NYSE: GMED)
Industry	Medical Technology
Founded	2003
Headquarters	Audubon, Pennsylvania
Key people	David C. Paul (Chairman & CEO) David M. Demski (President & COO)
Products	Medical Devices
Revenue	$474.371 million (2014) ^[1]
Number of employees	900 (2015) ^[2]
Website	http://www.globusmedical.com/

Globus Medical, Inc., based in Audubon, PA, is a medical device company focused on the design, development, and commercialization of musculoskeletal implants that promote healing in patients with spine disorders. It develops products that assist surgeons in effectively treating their patients, respond to evolving surgeon needs and address new treatment options.^[3] Globus Medical is a publicly traded company and is listed on the NYSE under the symbol GMED.

Products

The company's products are classified into two categories: Innovative Fusion and Disruptive Technologies. The Innovative Fusion products are uses in cervical, thoracolumbar, sacral, and interbody, corpectomy fusion procedures to treat degenerative, deformity, tumor, and trauma conditions. Globus Medical to date has developed a portfolio of spine products, releasing more than 150 products.

Acquisitions

October 23, 2014 Globus Medical acquired allograft tissue processor Transplant Technologies of Texas, Ltd. (TTOT). TTOT is a provider of human tissue products including bone allografts, biomaterials, and soft tissue products for spine, orthopedics, sports medicine, dental, and wound care markets.^[4]

February 26, 2015, Globus Medical acquired Branch Medical Group, a third party manufacturer of high precision medical devices.^[5]

References

External links

This article is issued from Wikipedia - version of the 10/11/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.