Becker's Healthcare February 6, 2025
At the end of January, Zimmer Biomet acquired Paragon 28, a medical device company focused exclusively on foot-and-ankle orthopedics.
Through the $1.1 billion acquisition, Zimmer Biomet expects its sports medicine, extremities and trauma segment to outpace hips and knees, moving forward, according to a Feb. 6 report from Medtech Dive.
Zimmer Biomet also expects that the acquisition will give the company a larger presence in the ASC space.
Combined with Paragon 28 in a deal that is expected to close in the first half of 2025, Zimmer’s sports medicine, extremities and trauma segment will be larger than its $2 billion hip business, and will grow faster than...
Today's Sponsors
Today's Sponsor