Wright Medical completed its previously announced acquisition of Cartiva, developer of the PMA-approved Synthetic Cartilage Implant to treat arthritis at the base of the great toe.
As noted in mid-3Q18, total price for the transaction was US $435MM in cash. Wright will provide updated full-year 2018 guidance, including the impact of this purchase, in its 3Q18 earnings call on November 7.
Sources: Wright Medical Group N.V.; ORTHOWORLD Inc.
Wright Medical completed its previously announced acquisition of Cartiva, developer of the PMA-approved Synthetic Cartilage Implant to treat arthritis at the base of the great toe.
As noted in mid-3Q18, total price for the transaction was US $435MM in cash. Wright will provide updated full-year 2018 guidance,...
Wright Medical completed its previously announced acquisition of Cartiva, developer of the PMA-approved Synthetic Cartilage Implant to treat arthritis at the base of the great toe.
As noted in mid-3Q18, total price for the transaction was US $435MM in cash. Wright will provide updated full-year 2018 guidance, including the impact of this purchase, in its 3Q18 earnings call on November 7.
Sources: Wright Medical Group N.V.; ORTHOWORLD Inc.
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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.