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ORTHOFIX HOLDINGS, INC.

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ORTHOFIX HOLDINGS, INC. - Healthcare showcase

Year Founded & Workforce

1980

954 Employees

Industry

Healthcare

Services

Spine Fusion StimulatorsSpinal ImplantsSpinal Fixation System
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ORTHOFIX HOLDINGS, INC. Overview

Company Headquarters: Lewisville, Texas, US

Founded: 1980

Workforce: ~954

Company Working: Orthofix Holdings, Inc. (Orthofix) is a company that manufactures medical devices. It focuses on musculoskeletal therapies and products. The company operates through four operating segments, namely, bone growth therapies, spinal implants, biologics, and Orthofix extremities. The products manufactured and marketed by the company include devices that enhance bone fusion (bone growth therapies segment), implants used in spine surgeries (spinal implants segment), regenerative products and different forms of tissues to treat orthopedic and spinal conditions (biologics), and products to treat orthopedic conditions not related to the spine (Orthofix extremities segment). Orthofix Holdings, Inc. distributes its products via sales distributors and representatives in over 70 countries.

Strategy

Orthofix Holdings, Inc. supports its sales team through specialized training workshops, in which physicians and sales specialists participate. The company has sponsored research at the Cleveland Clinic, University of Pennsylvania, University of California, and New York University where studies are conducted to identify the mechanisms of action of its pulsed electromagnetic field (PEMF) signals on tendon and bone healing efficiency.

Company Snapshot

$409.7M

Revenue

954

Employees

1980

Founded

Lewisville, Texas, US

Headquarters

SWOT Analysis

Strengths

  • Diverse product portfolio
  • Global presence
  • Well-developed distribution network

Weaknesses

  • Material weakness in internal control

Opportunities

  • Development of unique products and services
  • Mergers & acquisitions

Threats

  • Change in interest rates and foreign currency fluctuations
  • Stringent regulatory policies

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Key Developments

DateApproachDevelopment
May 2016FDA ApprovalForza PTC (PEEK Titanium Composite) Spacer System, a product of Orthofix received approval from the US Food and Drug Administration (FDA). Unlike other expandable interbody devices, Forza PTC after achieving desired expansion provides automatic locking facility, thus making it easy to use.

Product Offering

  • ORTHOFIX HOLDINGS, INC.
    • Spine Fusion Stimulators
    • Spinal Implants
    • Spinal Fixation System

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 409.7 Mn in 2016 to USD 453 Mn in 2018.
ORTHOFIX HOLDINGS, INC. — By Business Segment
Series (USD Mn)201620172018
Sales409.7433.8453

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