ConMed posted 1Q17 arthroscopy/soft tissue repair revenue of US $103.8MM, -1.4% vs. 1Q16. (U.S. $41.1MM, -3.7%; ex-U.S. $62.7MM, +0.2%)
1Q17 | 1Q16 | $ Change | % Change | |
Arthroscopy/Soft Tissue Repair | $103.8 | $105.3 | -$1.5 | -1.4% |
Performance highlights:
- Domestic sequential improvement in single-use and capital sales, with single-use posting best quarterly growth rate in over 12 months; internationally, growth driven by strength in direct markets
- Has reclassified visualization into orthopaedics
- Introduced seven new products at AAOS: four “minor” and three “major,” the latter including the CuffLink Double Row rotator cuff repair system (in early launch); Trinity 3-in-1 camera system, an economical option for ASCs and emerging markets (2Q launch) and Diamond-like Coated shaver blades (launched)
- Bovie Medical entered into a global sales channel partnership agreement to market ConMed’s PlazXact™ Ablator, which is marketed as the UltrAblator Bipolar® series
- KFx Medical entered into a license agreement with ConMed addressing patents used in knotless double row rotator cuff repair
Source: ConMed Corporation
ConMed posted 1Q17 arthroscopy/soft tissue repair revenue of US $103.8MM, -1.4% vs. 1Q16. (U.S. $41.1MM, -3.7%; ex-U.S. $62.7MM, +0.2%)
Q17
1Q16
$ Change
% Change
Arthroscopy/Soft Tissue Repair
$103.8
$105.3 ...
ConMed posted 1Q17 arthroscopy/soft tissue repair revenue of US $103.8MM, -1.4% vs. 1Q16. (U.S. $41.1MM, -3.7%; ex-U.S. $62.7MM, +0.2%)
1Q17 | 1Q16 | $ Change | % Change | |
Arthroscopy/Soft Tissue Repair | $103.8 | $105.3 | -$1.5 | -1.4% |
Performance highlights:
- Domestic sequential improvement in single-use and capital sales, with single-use posting best quarterly growth rate in over 12 months; internationally, growth driven by strength in direct markets
- Has reclassified visualization into orthopaedics
- Introduced seven new products at AAOS: four “minor” and three “major,” the latter including the CuffLink Double Row rotator cuff repair system (in early launch); Trinity 3-in-1 camera system, an economical option for ASCs and emerging markets (2Q launch) and Diamond-like Coated shaver blades (launched)
- Bovie Medical entered into a global sales channel partnership agreement to market ConMed’s PlazXact™ Ablator, which is marketed as the UltrAblator Bipolar® series
- KFx Medical entered into a license agreement with ConMed addressing patents used in knotless double row rotator cuff repair
Source: ConMed Corporation
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JV
Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.