Profile: Tornier NV (TRNX.O)
5 Dec 2013
Tornier N.V. (Tornier) is a global medical device company focused on surgeons that treat musculoskeletal injuries and disorders of the shoulder, elbow, wrist, hand, ankle and foot. Tornier refers to these surgeons as extremity specialists. The Company sells to this extremity specialist customer base a broad line of joint replacement, trauma, sports medicine and biologic products to treat extremity joints. In certain international markets, it also offers joint replacement products for the hip and knee. The Company sells over approximately 100 product lines in approximately 40 countries. The Company’s principal products are organized in four categories: upper extremity joints and trauma, lower extremity joints and trauma, sports medicine and biologics, and large joints and other. It has operates in one segment, orthopedic products, which includes the design, manufacture, and marketing of reconstructive joint devices and other related products. The Company’s geographic regions consist of the United States, France and other areas. On October 4, 2012, the Company acquired OrthoHelix, a privately-held company focused on developing and marketing specialty implantable screw and plate systems for the repair of small bone fractures and deformities predominantly in the foot and ankle.
The Company’s upper extremity joints and trauma products include joint replacement and bone fixation devices for the shoulder, hand, wrist and elbow. Its lower extremity joints and trauma products, which include our OrthoHelix portfolio, include joint replacement and bone fixation devices for the foot and ankle. Its sports medicine and biologics product category includes products used across several anatomic sites to mechanically repair tissue-to-tissue or tissue-to-bone injuries, in the case of sports medicine, or to support or induce remodeling and regeneration of tendons and ligaments, in the case of biologics. Its large joints and other products include hip and knee joint replacement implants and ancillary products.
The Company competes with DePuy Orthopaedics, Inc., Zimmer Corporation, Stryker Corporation, Arthrex, Inc., Wright Medical Group, Inc. and ArthroCare Corporation.
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