Sales increase only the beginning for Wright Medical

An increase of more than 20 percent in fourth quarter sales provided a strong ending to a busy year for Memphis-based Wright Medical Group. Wright Medical reported net sales of $83.2 million in the fourth quarter, which was boosted by the launch of the company's Infinity total ankle replacement system in the third quarter. An estimated 38 percent of Wright Medical's growth in the ankle implant market was because of the Infinity system. For the year, Wright Medical's sales increased to $298 million,…
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news