| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
129 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
970 |
| Net Income (TTM) (Millions $) |
-102 |
| Cash Flow (TTM) (Millions $) |
-6 |
| Capital Exp. (TTM) (Millions $) |
93 |
Business Description
Wright Medical Group N.V.
is a global medical device company that specializes in orthopedic products for the treatment of musculoskeletal conditions.
The company has its headquarters in Amsterdam, Netherlands, and has operations in various parts of the world.
The company designs, manufactures, and markets medical devices for joint replacement and sports medicine applications.
These devices include implants, instruments, and surgical solutions for knee, hip, shoulder, and ankle surgeries.
Wright Medical Group N.V.
is also known for its biological solutions for orthopedic procedures, such as bone grafts, tissue repair, and collagen matrix products.
Wright Medical Group N.V.
was founded in 1950 and has grown through various mergers and acquisitions over the years.
The company has a strong commitment to innovation and research and development, and has collaborations with academic institutions and healthcare professionals to advance orthopedic healthcare.
The company has faced legal challenges in the past related to its metal-on-metal hip implants, which were recalled due to high rates of failure and complications.
Wright Medical Group N.V.
has since redesigned its hip implants to reflect new technologies and improved safety standards.
In 2020, the company became a subsidiary of Stryker Corporation, a leading medical technology company, which acquired Wright Medical Group N.V.
for approximately $5.4 billion.
This acquisition has expanded Stryker's portfolio of orthopedic medical devices and furthered the company's global reach.
Company Address: Prins Bernhardplein 200 Amsterdam, 0
Company Phone Number: 521 4777 Stock Exchange / Ticker: NASDAQ WMGI
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