Zimmer Biomet's (ZBH) Latest Deal to Expand Its Hip Portfolio
Zimmer Biomet(ZBH) ZACKS·2024-08-15 22:06
Zimmer Biomet Holdings, Inc. (ZBH) recently announced the signing of a definitive agreement to acquire OrthoGrid Systems, Inc., a privately-held medical technology company focused on artificial intelligence (AI)- driven surgical guidance systems for total hip replacement. The acquisition comprises more than 40 patents, two additional orthopedic applications with FDA clearance, and Hip AI, OrthoGrid's AI-powered, fluoroscopy-based surgical support platform. This acquisition is set to expand Zimmer Biomet's h ...