Bioventus Selects the Netherlands for International Headquarters

Bioventus is locating its new international headquarters in the Netherlands, about 12 miles outside Amsterdam in Hoofddorp. The company’s international operating company, Bioventus Coӧperatief U.A., recently signed a letter of intent to lease about 7,200 square feet of office space on the 15th floor of the South Tower of a high rise office building called Zuidtoren.

The new headquarters space is expected to open in November. The offices will house employees supporting finance, customer care, operations, marketing, sales and human resources.

With its U.S. headquarters in Durham, N.C., Bioventus was born out of Smith & Nephew plc’s former Biologics and Clinical Therapies division, which was formed in 2008 and now generates about $240 million in worldwide revenue. Bioventus is a standalone orthopedic technology company with nearly 500 employees in the United States, most of whom who worked at the old Biologics division. It currently has several products in its portfolio designed to help accelerate bone healing and treat osteoarthritis pain.


Come global Smith & Nephew Biologics employees are still operating under the Smith & Nephew name, migrating slowly over to Bioventus as legal and regulatory approvals are gained.


The company’s flagship product is Exogen, a system that uses ultrasound signals to accelerate bone healing. It is the only U.S. Food and Drug Administration-approved device on the market that uses a low intensity pulsed ultrasound signal for bone healing. It is used for non-union fractures, which are fractures that have not healed properly, and certain kinds of stress fractures. A number of clinical studies have shown that Exogen can accelerate the healing of fresh fractures by 38 percent, can heal cortical bone in tibia 58 days faster, and can heal cancellous bone in distal radius 37 days faster. Exogen is available globally.


Smith & Nephew has offices in the Netherlands. Since Bioventus still has employees that were formerly with Smith & Nephew, locating its headquarters near Amsterdam will be easier on workers that already are situated in the area.