New Ceramic Approval Boosts Wright Medical
Executive Summary
Despite talk of minimally-invasive techniques and biologicals, the hottest topic at this year's American Academy of Orthopedic Surgeons' meeting may very well have been surface coatings. The approval, announced days before the AAOS, of a new ceramic joint could have a big impact on Wright Medical.
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Wright Medical hasn’t enjoyed the smoothest ride over the past 15 years, a stretch that included a spin-out, debt problems, and a buyout, as well as an IPO. All the while, though, the company has proven to be an innovator in the large joints industries and now—under new CEO Gary Henley—it is establishing itself as a force in the extremities and biomaterials markets.
Is Wright Medical Back on Track?
Wright Medical hasn’t enjoyed the smoothest ride over the past 15 years, a stretch that included a spin-out, debt problems, and a buyout, as well as an IPO. All the while, though, the company has proven to be an innovator in the large joints industries and now—under new CEO Gary Henley—it is establishing itself as a force in the extremities and biomaterials markets.
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