Enovis acquired Australian orthopedic startup, 360 Med Care. This is the first acquisition since the rebrand of DJO to Enovis, and has the potential for significant growth in the Australian market as well as internationally.
360 Med Care will expand their surgical planning, delivery and rehabilitation services to a worldwide market, especially the U.S., which accounts for over half of the world’s total joint replacements alone.
360 Med Care will now operate as a technology of Enovis, with the current team of engineers, researchers, machinists and physiotherapists across Australia, New Zealand, the U.S. and India, continuing to develop and deliver patient-specific solutions and technology for knee and hip joint replacement patients. The combination of recently acquired Mathys Orthopaedics’ implant products and 360 Med Care technologies will enhance the value to market for surgeons and patients alike.
“Enovis is focused on expanding our investment in innovation-driven Med Tech companies with synergies that align with our corporate mission of creating better together for healthcare professionals and their patients.” said Andrew Fox-Smith, President of International Business for Enovis. “We are excited to have 360 Med Care join our organisation. With their focus on continuous improvement, particularly through research and development that brings clinical benefit, they are a natural and welcome addition to the Enovis family.”