Kyphon strengthens international presence with new Swiss unit:
This article was originally published in Clinica
Executive Summary
Kyphon, the Sunnyvale, California-based balloon kyphoplasty specialist, has set up a new Swiss operation in order to accommodate its rapidly expanding international business and increase the firm's manufacturing capacity. Kyphon Sarl, based in Neuchatel, has begun administrative operations and is expected to have full manufacturing, distribution and R&D activities running by the end of 2007. Kyphon's international revenues soared 87% in 2005 compared to the previous year. Around 19% of the company's turnover in the fourth quarter of 2005 was attributed to international sales.