Zimmer Biomet acquires Medtech SA

Zimmer Biomet, a Warsaw, Ind.-based orthopedics company, recently acquired Medtech, a French company specializing in surgical robots.

Ally Bridge Group, a private equity firm that invested in Medtech in December 2015, sold its entire stake of the company to Zimmer Biomet for an undisclosed amount.

Medtech currently offers two FDA-approved surgical robots that allow for minimally invasive brain and spine procedures.

Zimmer Biomet expects the acquisition will boost its presence in the musculoskeletal market.

More articles on supply chain:

Philips partners with Life-Assist to boost AED supplies in west coast
CMS, FDA advocate device ID numbers in medical bills and claims
PhRMA adds 5 new companies to its ranks, including generic rival Teva

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.