Zimmer Biomet launches Persona partial knee replacement

Zimmer Biomet (NYSE:ZBH) said today that it launched its Persona customized partial knee replacement last month, touting it as the first jointly developed product since the $14 billion merger of Zimmer Holdings and Biomet in 2015.
The Persona partial knee was developed using Zimmer Biomet’s Zibra anatomical modeling system, compiled from scans of thousands of bones, the Warsaw, Ind.-based orthopedics giant said. Persona launched globally August 31, Zimmer Biomet said.
“The global introduction of the Persona partial knee system is the combined company’s first major product launch and fills a significant gap in our knee portfolio,” interim CEO & CFO Daniel Florin said in prepared remarks. “The partial knee market continues to expand as patients demand alternatives to traditional knee replacement. The addition of the fixed-bearing Persona partial knee system complements the company’s mobile-bearing Oxford partial knee, further strengthening our leadership position in this growing market.”
“The introduction of the Persona partial knee system comes at a significant time as we continue to see an increase in the demand for knee replacements,” added joint reconstruction president Dan Williamson. “This innovative technology furthers our commitment to restore mobility, alleviate pain and improve the quality of life for patients around the world.”
“The new Persona partial knee system has made me a better partia...

Source: Mass Device - September 11, 2017 Category: Medical Devices Authors: Brad Perriello Tags: Orthopedics Wall Street Beat zimmerbiomet Source Type: news