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Zimmer launches 2 devices from $1.1B orthopedic takeover
Yahoo Financeยท 2025-10-10 11:04
Core Insights - Zimmer Biomet has launched two new orthopedic devices, the Gorilla Pilon Fusion Plating System and the Phantom TTC Trauma Nail, in collaboration with Paragon 28, which was acquired for $1.1 billion earlier this year [3][7] - The Gorilla system is specifically designed for the stabilization and fixation of comminuted pilon fractures, which account for 7% to 10% of shinbone breaks, and offers a lower-profile option for primary ankle fusion [3][4] - The launch reflects Zimmer's strategy to maintain Paragon's double-digit growth and expand its sports medicine, extremities, and trauma (SET) business [7] Product Details - The Gorilla Pilon Fusion Plating System received 510(k) clearance in July and is the second plate on the market for primary ankle fusion in the context of comminuted pilon fractures [3][4] - The Phantom TTC Trauma Nail is designed for complex trauma cases, also receiving FDA clearance in July [4] Corporate Strategy - Zimmer has opted to keep Paragon's operations separate post-acquisition, maintaining its own design centers, management team, and quality management system to avoid disruption in sales personnel [5][6] - This strategy aims to support Paragon's continued growth trajectory, which was already in the double digits prior to the acquisition [6]