Olympus acquires orthopaedic device manufacturer – Med-Tech Innovation

Olympus Company has acquired FH ORTHO SAS, a global orthopaedic firm headquartered in Heimsbrunn, France, following the shut of a definitive settlement the 2 corporations signed in the summertime of 2020.

The acquisition underscores Olympus’ dedication to increasing within the rising discipline of orthopaedic minimally invasive surgical procedure (MIS) each organically and thru mergers and acquisitions.

By buying FH ORTHO, Olympus builds on its portfolio of options which can be utilized in MIS procedures in ligament restore, foot & ankle, and trauma surgical procedure.

Olympus is already energetic in orthopaedics in Japan, the place its three way partnership Olympus Terumo Biomaterials distributes merchandise comparable to bone substitutes and excessive tibial osteotomy (HTO) plates and screws. Past this, Olympus has additionally developed the primary ultrasound gadget indicated for arthroscopic surgical procedure, supporting extra correct and safer reducing of bones.

The acquisition of FH ORTHO will allow Olympus to broaden the distribution of each Olympus’ orthopaedic merchandise by way of FH ORTHO’s current distribution channels, in addition to to promote sure FH ORTHO key merchandise in Japan.

By increasing its distribution community, Olympus will reinforce its place as a number one international medtech firm because it continues to innovate and create options throughout all areas of the MIS workflow.

Toshihiko Okubo, senior vice chairman, new enterprise improvement, international at Olympus, stated: “We’re happy to combine FH ORTHO’s product portfolio, market attain and gifted individuals to our orthopaedics enterprise. By combining FH ORTHO’s experience and its wonderful enterprise presence with our merchandise and options for the minimally invasive orthopaedics surgical procedure, the good thing about our provide to the sufferers and healthcare professionals might be additional enhanced internationally.”

Jean-Marc Idier, CEO of FH ORTHO, added: “The FH ORTHO crew very positively welcomes the arrival of Olympus as a recognition of our ongoing efforts and previous accomplishments, while offering us with new means to speed up the subsequent section of our worldwide growth.”