Headquartered in Warsaw, Indiana, US, Zimmer manufactures and markets orthopaedic reconstructive implants (including knee, hip, extremities and dental), spinal systems, trauma products and orthopaedic surgical devices.Zimmer is a leading supplier in the orthopaedics industry, a position which was confirmed through its October 2003 acquisition of Centerpulse AG. Centerpulse provided Zimmer with the leading position in the European reconstructive market and entry into the spine market, one of the fastest-growth segments in orthopaedics. The company's spinal business has been expanded further with the acquisitions of Endius in April 2007 and Abbot Spine in October 2008.Another key acquisition ' in April 2004 ' that has led to strong growth for Zimmer was that of its alliance partner, Implex, the developer of Hedrocel biomaterial, which Zimmer has marketed as Trabecular Metal (TM) technology since 2000.Zimmer manages its operations through three geographic segments ' the Americas (consisting principally of the US and includes other North, Central and South American markets), Europe (consisting principally of Europe and includes the Middle East and Africa) and Asia Pacific (consisting principally of Japan and includes other Asian and Pacific markets).This company report providesOverview Key contact information Introduction to the company and its current activities Summary of its financial performance Who are the company's major competitors' Key recent events in an 'at a glance' formatFinancial Review Current year and annual financial data, including revenue breakdowns by product area and geographic region (if available) Table providing in-depth five-year financial analysis Employee data, including breakdown by company division and geographic locationStrategic FocusInvestigates the company's aims and its areas of focusProductsCore product areas, key brands, product approvals and launches Research and Development How much has been invested in R&D' Where is the research based' What alliances and agreements does the company have and with whom'Manufacturing and Distribution Identifying the company's manufacturing locations Sales and marketing facilitiesAgreements With whom has the company reached agreements and what do they involve' Key contracts awardedMergers, Acquisitions, Minority Investments, Joint Ventures and DivestmentsLitigationKey Corporate Events The report was produced as part of Medical Device Companies Analysis (MDCA). For more information on MDCA, click here.
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Zimmer Medical Device Company Intelligence Report
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Zimmer Medical Device Company Intelligence Report
Published on May 2010
Report Summary
Headquartered in Warsaw, Indiana, US, Zimmer manufactures and markets orthopaedic reconstructive implants (including knee, hip,
extremities and dental), spinal systems, trauma products and orthopaedic surgical devices.
Zimmer is a leading supplier in the orthopaedics industry, a position which was confirmed through its October 2003 acquisition of
Centerpulse AG. Centerpulse provided Zimmer with the leading position in the European reconstructive market and entry into the
spine market, one of the fastest-growth segments in orthopaedics. The company's spinal business has been expanded further with
the acquisitions of Endius in April 2007 and Abbot Spine in October 2008.
Another key acquisition ' in April 2004 ' that has led to strong growth for Zimmer was that of its alliance partner, Implex, the developer
of Hedrocel biomaterial, which Zimmer has marketed as Trabecular Metal (TM) technology since 2000.
Zimmer manages its operations through three geographic segments ' the Americas (consisting principally of the US and includes
other North, Central and South American markets), Europe (consisting principally of Europe and includes the Middle East and Africa)
and Asia Pacific (consisting principally of Japan and includes other Asian and Pacific markets).
This company report provides
Overview
Key contact information
Introduction to the company and its current activities
Summary of its financial performance
Who are the company's major competitors'
Key recent events in an 'at a glance' format
Financial Review
Current year and annual financial data, including revenue breakdowns by product area and geographic region (if available)
Table providing in-depth five-year financial analysis
Employee data, including breakdown by company division and geographic location
Strategic Focus
Investigates the company's aims and its areas of focus
Products
Core product areas, key brands, product approvals and launches
Research and Development
How much has been invested in R&D'
Where is the research based'
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What alliances and agreements does the company have and with whom'
Manufacturing and Distribution
Identifying the company's manufacturing locations
Sales and marketing facilities
Agreements
With whom has the company reached agreements and what do they involve'
Key contracts awarded
Mergers, Acquisitions, Minority Investments, Joint Ventures and Divestments
Litigation
Key Corporate Events
The report was produced as part of Medical Device Companies Analysis (MDCA). For more information on MDCA, click here.
Table of Content
Table of Contents
OVERVIEW................... 1
FINANCIAL REVIEW..... 2
First Quarter 2010 Financial Results..... 2
2009 Financial Results............. 5
Five-Year Financial Data........ 10
Outlook........11
Forecast 2010 Results........11
Healthcare Reform in the US...........11
Global Economic Conditions...........11
Employees.. 12
STRATEGIC FOCUS......13
PRODUCTS...14
Orthopaedic Reconstructive Implants.............. 16
Knee and Hip Implants........16
Dental Implants and Other Products. 19
Spine Products......... 20
Trauma........ 21
Orthopaedic Surgical Products (OSP)22
Orthobiologics.........22
Healthcare Consulting...........22
Zimmer-Selected FDA 510(k) Approvals, 2009-2010......23
RESEARCH AND DEVELOPMENT............ 25
Zimmer Institute...25
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Research Agreements............ 26
Revivicor.26
ISTO Technologies ..............26
Studies and Trials..... 27
Trabecular Metal Technology............27
Mayo Clinic and the Joint Replacement Surgeons of the Indiana Research Foundation .............27
Independent 10-year Trabecular Metal Technology Study....27
MANUFACTURING AND DISTRIBUTION.. 29
Manufacturing......... 29
Distribution 29
AGREEMENTS............ 30
XCPT Communication Technologies.30
HemCon Medical Technologies.........30
Osseous Technologies of America....31
RTI Biologics..........31
aap Biomaterials...31
Premier Purchasing Partners............31
Tutogen Medical Inc (now RTI Biologics).........32
LifeNet Health.......32
Brasseler USA........32
HCA .........32
Heraeus Kulzer......32
Swiss Orthopaedic Solutions.............33
Massachusetts General Hospital and the Cambridge Polymer Group ......33
Massachusetts General Hospital and Massachusetts Institute of Technology 33
MERGERS AND ACQUISITIONS 34
Abbot Spine..........34
ORTHOsoft Inc.......34
Endius Inc..............35
Muscle Skeletal Management Systems LLC (Human Motion Institute).....35
MedTech SA's Intelligent Surgical Assistive Device........35
Implex.....36
Centerpulse...........36
TransFx External Fixation System ....37
Envision Medical ..37
Anspach Fixation Systems .37
Seabrook Medical Systems.37
Orthoplant ...........37
MINORITY INVESTMENTS ....... 38
ISTO Technologies38
RTI Biologics Inc (formerly Tutogen Medical).38
ReGen Biologics ...38
LITIGATION. 40
Durom Cup Lawsuits ...........40
Smith & Nephew...40
Deferred Prosecution Agreement (DPA).........40
Howmedica Osteonics........41
KEY CORPORATE EVENTS........ 42
List of Tables
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SUMMARY OPERATING RESULTS. iii
Recent Key Events..........1
Zimmer - First Quarter 2010 Financial Results...........2
Zimmer - First Quarter 2010 Sales by Product and Geographic Area......3
Zimmer - Annual Financial Results, 2005-2009........5
Zimmer - Annual Sales by Product Area, 2005-20096
Zimmer - Annual Sales by Product and Geographic Area, 2005-2009....7
Zimmer - Annual Sales by Geographic Area, 2005-2009.........9
Zimmer ' Five-Year Financial Summary..10
Zimmer Employees...... 12
Agreements Summary30
Mergers and Acquisitions Summary.........34
List of Charts
Zimmer- Annual Sales and Operating Profit, 2005-2009.........5
Zimmer - Annual Sales by Product Area, 2005-20096
Zimmer - Annual Sales by Geographic Area, 2005-2009.........9
Zimmer - Sales Percentages by Product Type, 200914
Zimmer's Estimated Market Positions, 2009........... 15
Table of Contents
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