Economy of Indiana

Zimmer Biomet Announces Changes to Company's Board of Directors

Retrieved on: 
Monday, February 22, 2021
Kosciusko County, Indiana, Articles, Economy of Indiana, Zimmer Biomet, Biomet, INDIANA, Board of directors

She is a member of the Executive Advisory Board at Salesforce.com and an external advisor on the Board of Trustees Committee on Information Technology at the University of San Francisco.

Key Points: 
  • She is a member of the Executive Advisory Board at Salesforce.com and an external advisor on the Board of Trustees Committee on Information Technology at the University of San Francisco.
  • "On behalf of the entire Board of Directors and Leadership Team, I want to extend my deep gratitude to Larry for his exemplary leadership and service as a member of Zimmer Biomet's Board.
  • Mr. Glasscock has been a member of the Company's Board of Directors since its inception in 2001 and has served as Non-Executive Chairman since May 2013.
  • Founded in 1927 and headquartered in Warsaw, Indiana, Zimmer Biomet is a global leader in musculoskeletal healthcare.

Zimmer Biomet Announces Intent to Spin Off Spine and Dental Businesses

Retrieved on: 
Friday, February 5, 2021
Kosciusko County, Indiana, Economy of Indiana, Biomet, INDIANA, States of the United States, Zimmer

Zimmer Biomet to Sharpen Focus on High Growth, High Priority Areas in Knees, Hips, S.E.T.

Key Points: 
  • Zimmer Biomet to Sharpen Focus on High Growth, High Priority Areas in Knees, Hips, S.E.T.
  • and CMFT
    Following the spin-off, Zimmer Biomet will remain a leader in attractive segments within the orthopedics market, including Knees, Hips, Sports Medicine, Extremities and Trauma (S.E.T.
  • NewCo will be well-positioned in the $21 billion combined global Spine and Dental markets that benefit from attractive fundamentals.
  • The Spine portfolio addresses all areas of spinal surgery, with enabling technologies to drive pull-through of core spine sales.

Electric Last Mile Offered Incentives by the Indiana Economic Development Corporation for Local Manufacturing

Retrieved on: 
Monday, December 21, 2020
Fleet management, Alternative Vehicles, Fuels, Automotive, Trucking, Supply chain management, Performance & Special Interest, Transport, Retail, Economy of Indiana, Indiana Economic Development Corporation, INDIANA, Tax credit, Economic development, United States, Country subdivisions

Electric Last Mile, Inc. (ELMS) is pleased to announce that the Indiana Economic Development Corporation (IEDC), which leads the states economic development efforts, has offered ELMS a series of conditional tax credits and training grants based on its plans to create new jobs in Mishawaka, Indiana.

Key Points: 
  • Electric Last Mile, Inc. (ELMS) is pleased to announce that the Indiana Economic Development Corporation (IEDC), which leads the states economic development efforts, has offered ELMS a series of conditional tax credits and training grants based on its plans to create new jobs in Mishawaka, Indiana.
  • The IEDC offered ELMS up to $10 million in conditional tax credits and up to $200,000 in conditional training grants based on the companys job creation plans.
  • The IEDC also offered up to $2.8 million in conditional tax credits from the Hoosier Business Investment (HBI) tax credit program based on the companys planned capital investment in Indiana.
  • ELMS is focused on redefining the last mile market with a vertically-integrated approach to designing, manufacturing and customizing electric, connected last mile delivery vehicles.

Zimmer Biomet and Hospital for Special Surgery (HSS) Partner to Advance Innovation on mymobility® with Apple Watch® Remote Care Management System

Retrieved on: 
Wednesday, December 9, 2020
Kosciusko County, Indiana, Economy of Indiana, Hospital for Special Surgery, NewYork–Presbyterian Healthcare System, Zimmer Biomet, Biomet, INDIANA, Zimmer, States of the United States, Zimmer Biomet Robotics

Through Zimmer Biomet, healthcare systems and clinicians worldwide will be able to implement HSS Orthopedic Care Pathways through the mymobility platform.

Key Points: 
  • Through Zimmer Biomet, healthcare systems and clinicians worldwide will be able to implement HSS Orthopedic Care Pathways through the mymobility platform.
  • In addition, the mymobility with Apple Watch platform will now be accessible to clinicians and patients in the HSS network.
  • "We're proud to partner with Hospital for Special Surgery to deploy these state-of-the-art surgical care pathways and offer them through our innovative mymobility with Apple Watch remote care management platform," said Ivan Tornos, Group President for Global Businesses and the Americas at Zimmer Biomet.
  • "Through mymobility with Apple Watch, HSS will help Zimmer Biomet raise standards and new possibilities for remote patient care and wellness," said Louis A. Shapiro, President and CEO at HSS.

Spectrum Plastics Group Appoints Thomas J. Sullivan President & Chief Executive Officer

Retrieved on: 
Thursday, December 3, 2020
Chemicals, Plastics, Manufacturing, Kosciusko County, Indiana, Economy of Indiana, Biomet, INDIANA, Zimmer, States of the United States

Spectrum Plastics Group (SPG or Spectrum) a leading medical components and contract manufacturer today announced that Neil Shillingford, the companys President & Chief Executive Officer, has decided to retire and Thomas J. Sullivan is being appointed President & Chief Executive Officer effective December 15, 2020.

Key Points: 
  • Spectrum Plastics Group (SPG or Spectrum) a leading medical components and contract manufacturer today announced that Neil Shillingford, the companys President & Chief Executive Officer, has decided to retire and Thomas J. Sullivan is being appointed President & Chief Executive Officer effective December 15, 2020.
  • Mr. Sullivan sold Symmetry Medical to a private equity firm in 2015.
  • After the sale of Symmetry Medical, Mr. Sullivan led Symmetry Surgical, Inc., a global medical device company based in Nashville, Tennessee.
  • Mr. Sullivans most recent role was as President and CEO at A&E Medical Corporation, which was recently acquired by Zimmer Biomet.

Vance Street Capital Recognizes Successful Exit of A&E Medical Corporation to Zimmer Biomet

Retrieved on: 
Tuesday, December 1, 2020
Finance, Medical devices, Banking, Health, Professional services, Kosciusko County, Indiana, Economy of Indiana, Zimmer Biomet, Biomet, INDIANA, Zimmer, States of the United States

Vance Street Capital LLC (Vance Street) is pleased to announce it has completed the sale of A&E Medical Corporation (A&E Medical) to Zimmer Biomet (NYSE: ZBH) (Zimmer), a global leader in musculoskeletal healthcare, for $250 million.

Key Points: 
  • Vance Street Capital LLC (Vance Street) is pleased to announce it has completed the sale of A&E Medical Corporation (A&E Medical) to Zimmer Biomet (NYSE: ZBH) (Zimmer), a global leader in musculoskeletal healthcare, for $250 million.
  • Vance Street acquired A&E Medical from the Wojciechowicz family in 2016 and proceeded to further A&Es position as an innovative supplier to the cardiovascular end markets.
  • Our team had a clear value creation plan going into the investment, said Vance Street Managing Partner Mike Janish.
  • Stephens Inc. served as financial advisor to A&E Medical and Vance Street Capital on the transaction.

Silicon Valley Orthopaedics Concurs on the Downsides of Delaying Joint Replacement Surgery Highlighted in New Zimmer Biomet Study in USA Today

Retrieved on: 
Monday, November 23, 2020
Kosciusko County, Indiana, Economy of Indiana, Biomet, INDIANA, Orthopedic surgery, Surgery, States of the United States

SAN JOSE, Calif., Nov. 23, 2020 /PRNewswire-PRWeb/ --The study, commissioned by medical device company Zimmer Biomet, was detailed in a recent article published on October 28th, 2020, in USA TODAY titled, "5 Reasons to Reconsider Delaying Joint Replacement Surgery."

Key Points: 
  • SAN JOSE, Calif., Nov. 23, 2020 /PRNewswire-PRWeb/ --The study, commissioned by medical device company Zimmer Biomet, was detailed in a recent article published on October 28th, 2020, in USA TODAY titled, "5 Reasons to Reconsider Delaying Joint Replacement Surgery."
  • In response to the study, the article encourages hesitant patients to consider moving ahead with knee replacement surgery , even with questions and stress related to COVID-19.
  • Patients at Silicon Valley Orthopaedics pondering joint replacement surgery can be assured that all of the required elements to ensure robust coronavirus safety protocols during surgical procedures have been implemented.
  • "As experts in the field, we fully understand the risks and downsides of delaying joint replacement surgery.

Zimmer Biomet Announces Preliminary Results from mymobility® Clinical Study at 2020 AAHKS Annual Meeting

Retrieved on: 
Thursday, November 5, 2020
Surgery, Kosciusko County, Indiana, Medical specialties, Prosthetics, Economy of Indiana, Knee replacement, Zimmer Biomet, Biomet

The data were presented at the 2020 annual meeting of the American Association of Hip and Knee Surgeons (AAHKS), held November 5-8 in Dallas.

Key Points: 
  • The data were presented at the 2020 annual meeting of the American Association of Hip and Knee Surgeons (AAHKS), held November 5-8 in Dallas.
  • The data presented at the 2020 AAHKS annual meeting evaluated 448 patients who underwent total or partial knee arthroplasty, commonly known as joint replacement.
  • The data poster can be found HERE , and additional information on the mymobility Clinical Study can be found at www.clinicaltrials.gov/ct2/show/NCT03737149 .
  • For more information about the mymobility Clinical Study, visit www.zbmymobility.com
    Founded in 1927 and headquartered inWarsaw, Indiana, Zimmer Biomet is a global leader in musculoskeletal healthcare.

Zynex Appoints Neil Friery as President and Chief Operating Officer of Monitoring Solutions Division

Retrieved on: 
Friday, October 23, 2020
Kosciusko County, Indiana, Zynex, Economy of Indiana, Zimmer Biomet, Biomet, INDIANA, Zimmer, Companies

ENGLEWOOD,Colo., Oct. 23, 2020 /PRNewswire/ -- Zynex, Inc. (NASDAQ: ZYXI), an innovative medical technology company specializing in the manufacture and sale of non-invasive medical devices for pain management, stroke rehabilitation, cardiac monitoring and neurological diagnostics today announced that it has hired Neil Friery as the President and Chief Operating Officer (COO) of its Monitoring Solutions Division.

Key Points: 
  • ENGLEWOOD,Colo., Oct. 23, 2020 /PRNewswire/ -- Zynex, Inc. (NASDAQ: ZYXI), an innovative medical technology company specializing in the manufacture and sale of non-invasive medical devices for pain management, stroke rehabilitation, cardiac monitoring and neurological diagnostics today announced that it has hired Neil Friery as the President and Chief Operating Officer (COO) of its Monitoring Solutions Division.
  • Thomas Sandgaard, founder and CEO said: "I am excited to bring Neil in to run our Monitoring Solutions Division.
  • Neil Friery previously worked as a Senior Vice President and General Manager at Zimmer Biomet, leading the Surgical Division of this Fortune 500 musculoskeletal healthcare company.
  • Prior to his appointment as Senior Vice President and General Manager, Neil was the Director of Finance for the Surgical Division.

Zimmer Biomet Empowers Joint Surgery Candidates Who Have Delayed Procedures: "Don't Let Pain Gain On You"

Retrieved on: 
Tuesday, October 20, 2020
Kosciusko County, Indiana, Economy of Indiana, Biomet, INDIANA, Surgery, States of the United States

Don't Let Pain Gain on You underscores efforts that Zimmer Biomet, hospitals and outpatient surgical centers are undertaking to help patients to undergo necessary surgeries while limiting potential exposure to COVID-19.

Key Points: 
  • Don't Let Pain Gain on You underscores efforts that Zimmer Biomet, hospitals and outpatient surgical centers are undertaking to help patients to undergo necessary surgeries while limiting potential exposure to COVID-19.
  • By visiting www.DontLetPainGain.com , those considering joint replacement surgery can access a wealth of informational articles.
  • Survey participants included those who recently (since October 2019) had joint replacement surgery prior to COVID-19, had joint replacement surgery during COVID-19 or postponed their joint replacement surgery as a result of COVID-19, and those who are a caregiver to someone in these groups.
  • Don't Let Pain Gain on You is an educational campaign from Zimmer Biomet aimed at educating and empowering patients to make informed decisions about joint replacement surgery in partnership with their healthcare professional.