EBI (US) goes it alone after Orthofix (Italy) agreement ends
This article was originally published in Clinica
Executive Summary
Biomet's EBI subsidiary (US) will develop its own advanced fixation system following the ending of an agreement with its supplier, Orthofix (Italy). The deal expires at the end of May 1995. Orthofix is to acquire American Medical Electronics and gain its US sales force (see Clinica No 654, p 12) for $79 million, a company in which Biomet owns 6% of outstanding shares.
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