Zimmer Biomet Signs Definitive Agreement to Acquire OrthoGrid Systems, Inc.

Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, announces that it signed a definitive agreement to acquire OrthoGrid Systems, Inc., (OrthoGrid) a privately-held medical technology company focused on artificial intelligence (AI)-driven surgical guidance systems for total hip replacement. The acquisition includes OrthoGrid’s AI-powered, fluoroscopy-based surgical assistance platform Hip AI®, as well as two additional FDA-cleared orthopedic applications and over 40 patents.

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Source: https://www.prnewswire.com/news-releases/zimmer-biomet-signs-definitive-agreement-to-acquire-orthogrid-systems-inc-302216131.html

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