Michael Barbella, Managing Editor09.30.23
The usual traffic drivers were at play this past week on ODT's website: products, personnel, and procurements.
LimaCorporate and Intech garnered significant pageviews with their respective M&A announcements. The former topped all other news with an €800 million deal to be sold to Enovis Corp. (the transaction would consist of a €700 million cash payment at the sale’s close and €100 million in shares of Enovis common stock). The acquisition is expected to close early next year.
Intech, meanwhile, enticed its fair share of cybervisitors by purchasing Lenkbar LLC, a Florida-based cutting tool expert. This strategic partnership, according to the companies, establishes a worldwide entity that combines broad capabilities in precision machining with expertise in cutting tool grinding.
Product news of note this past week came from Anika and ZimVie. Anika drove traffic with the launch of its RevoMotion Reverse Shoulder Arthroplasty System, while ZimVie followed suit by gaining FDA Investigational Device Exemption status for its Mobi-C Cervical Disc Hybrid. The decision authorizes ZimVie to begin enrolling U.S. patients in a study that will follow participants who receive simultaneous cervical disc arthroplasty (CDA) and anterior cervical discectomy and fusion (ACDF) at adjacent levels between C3 and C7.
The final news item of interest in this last week of September was Exactech's new CEO. Interim chief executive Darin Johnson—who has been with the company for 21 years—succeeds Board Chairman Jeffrey Binder.
LimaCorporate and Intech garnered significant pageviews with their respective M&A announcements. The former topped all other news with an €800 million deal to be sold to Enovis Corp. (the transaction would consist of a €700 million cash payment at the sale’s close and €100 million in shares of Enovis common stock). The acquisition is expected to close early next year.
Intech, meanwhile, enticed its fair share of cybervisitors by purchasing Lenkbar LLC, a Florida-based cutting tool expert. This strategic partnership, according to the companies, establishes a worldwide entity that combines broad capabilities in precision machining with expertise in cutting tool grinding.
Product news of note this past week came from Anika and ZimVie. Anika drove traffic with the launch of its RevoMotion Reverse Shoulder Arthroplasty System, while ZimVie followed suit by gaining FDA Investigational Device Exemption status for its Mobi-C Cervical Disc Hybrid. The decision authorizes ZimVie to begin enrolling U.S. patients in a study that will follow participants who receive simultaneous cervical disc arthroplasty (CDA) and anterior cervical discectomy and fusion (ACDF) at adjacent levels between C3 and C7.
The final news item of interest in this last week of September was Exactech's new CEO. Interim chief executive Darin Johnson—who has been with the company for 21 years—succeeds Board Chairman Jeffrey Binder.
