Biomet
 | |
| Company type | Private |
|---|---|
| Industry | Health Care |
| Founded | Warsaw, IN, USA (1977) |
| Headquarters | Warsaw, IN, USA |
Key people | Jeff Binder, CEO |
| Products | Oxford Partial Knee, LactoSorb |
| Owner | Blackstone Group, Goldman Sachs, Kohlberg Kravis Roberts, TPG Capital |
Number of employees | 9,200 (2007) |
| Website | www.biomet.com |
Biomet, Inc. is one of the world's leading medical device manufacturers located in the Warsaw, Indiana business cluster.[1] The company specializes in reconstructive products for hips, knees and shoulders, fixation devices, orthopedic support devices, dental implants, spinal implants and operating room supplies.
History
Biomet 2 was established in 1977 and delivered its first hip replacement in 1978. In a September 2007 club deal the company was acquired by a consortium of private equity firms and ceased trading on NASDAQ.[2]
The four founders of Biomet were: Dane A. Miller, Ray Harroff, Niles Noblitt, and Jerry Ferguson.
American gymnast Mary Lou Retton endorses Biomet, specifically the Oxford Partial Knee.[clarification needed]
Biomet Microfixation
Biomet Microfixation is a subsidiary of Biomet that manufactures craniomaxillofacial products.[3]
Its products include LactoSorb, the first completely resorbable fixation system available in the U.S.,[4] titanium plates and screws for craniomaxillofacial fixation, and instruments for craniomaxillofacial and orthopedic procedures.
The company's corporate headquarters is in Warsaw, Indiana.
References
- ^ Hermann Simon mentioned this company in his correspondent Book as an example of a "Hidden Champion" (Simon, Hermann: Hidden Champions of the 21st Century : Success Strategies of unknown World Market Leaders. London: Springer, 2009.- ISBN 978-0-387-98147-5.)
- ^ http://www.biomet.com/corporate/investors/biometAcquired.cfm
- ^ http://www.biometmicrofixation.com/about_us.php
- ^ http://www.biometmicrofixation.com/category.php?cat=5
External links
- Biomet official website
- Biomet Spine Website
- Biomet Microfixation official website
- Biomet Directory of orthopedic surgeons who use Biomet products
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