3DPrint.com June 23, 2023
restor3d, renowned for enhancing patient-specific surgical measures with 3D printing, and ConforMIS (Nasdaq: CFMS) are joining forces to lead the way in personalized 3D printed orthopedic devices. Known for its focus on orthopedic and spine surgeries, restor3d aims to improve both patient outcomes and surgical efficiency through anatomically accurate, patient-specific implants and surgical tools. According to the deal, restor3d is set to buy all of ConforMIS’ shares for $2.27 each – that’s about 96% more than the share price on June 22, 2023 ($1.16). With 7.5 million outstanding shares, restor3d’s buyout could potentially hover around $17 million, although the exact figure has not been officially confirmed.
Founded in 2004 by Dr. Philipp Lang, ConforMIS aimed to revolutionize personalized joint implants,...
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