FORT WAYNE, Indiana (WANE) – Zimmer-Biomet, the Warsaw-based company focused on medical mobility solutions, announced Thursday that it will acquire a privately held medical device company.
The Embody acquisition is expected to close in February 2023. According to a press release, Embody is a “soft tissue healing company pioneering next-generation regenerative platform with novel collagen-based biofabrication techniques and products for the fasting-growing sports medicine market.”
“Embody’s differentiated products and innovative pipeline in sports medicine supports our continued focus on and investment in high-growth markets and underscores our commitment to bring meaningful new advances to patients and surgeons,” said Bryan Hanson, chairman, president and CEO of ZimmerBiomet . “The proposed acquisition of Embody is an important step in ZB’s ongoing transformation and execution of our strategic priority to increase long-term growth and drive value creation.”
https://www.wane.com/top-stories/warsaws-zimmer-biomet-to-acquire-medical-device-company/ Warsaw-based Zimmer-Biomet acquires medical technology company