Tag: Alan J. Zimmerman
WARSAW — Zimmer Biomet Holdings Inc., a global leader in musculoskeletal healthcare, will present at the Bank of America Merrill Lynch 2016 Health Care Conference at the Encore Wynn hotel, Las Vegas, Nev., at 8 a.m. Pacific time (11 a.m. Eastern time) Wednesday, May 11. A live webcast of the presentation can be accessed via …read more.
WARSAW — Zimmer Biomet Holdings Inc., a global leader in musculoskeletal healthcare, has announced that it has secured an exclusive global distribution agreement with CelgenTek Innovations Corporation, which includes its N-Force Fixation System and iN3 Cement. This innovative bone void-filling solution allows healthcare professionals to directly administer Zimmer Biomet’s N-Force Blue-Bone Substitute Material and CelgenTek’s …read more.
WARSAW — Zimmer Biomet Holdings Inc., a global leader in musculoskeletal healthcare, is pleased to announce that the company has received 510(k) clearance from the U.S. Food and Drug Administration for the compatibility of the Nexel Total Elbow System with the Comprehensive Segmental Revision System. This 510(k) clearance marks the first submission by the Company to …read more.
UPDATE — The following is initial information from Warsaw Wayne Fire Territory Fire Chief Michael Wilson, CFEI: “At approximately 3:23 p.m. Kosciusko County Central Dispatch received a 911 call from Zimmer Biomet Plant 5 located at 1800 W. Center St., Warsaw of a milling machine involved in a fire. Warsaw-Wayne Fire Territory was dispatched and …read more.
WARSAW — Zimmer Biomet Holdings Inc, a global leader in musculoskeletal healthcare, has announced it will present at the 34th annual J.P. Morgan Healthcare Conference at 9 a.m. Pacific Standard Time Tuesday, Jan. 12, at the Westin St. Francis Hotel, San Francisco, Calif. A live webcast of the presentation can be accessed here. The webcast will be archived for …read more.
WARSAW — Zimmer Biomet Holdings, Inc., a global leader in musculoskeletal healthcare, is pleased to announce an expanded safety claim from the U.S. Food and Drug Administration for Gel-One® Cross-linked Hyaluronate, indicating that this single-injection viscosupplement for the knee joint is safe for use in repeat treatments. Gel-One Hyaluronate is administered in the physician …read more.
WARSAW — A call of a bomb threat at an area business, done as a joke on a buddy, has resulted in a 25-year-old having a felony conviction on his otherwise clean record. “I cannot for the life of me figure what Made you do something like this. I don’t see anything humorous about this. …read more.
WARSAW — Zimmer Biomet Holdings Inc. reported Thursday, Oct. 29, financial results for the quarter ended Sept. 30. The Company reported third-quarter net sales of $1.76 billion, an increase of 59.3 percent, as reported. The increase in the quarter was 0.7 percent on an adjusted pro forma, constant currency basis over the same prior year period. Reported diluted earnings per share …read more.
WARSAW — OrthoWorx hosted its second orthopedic industry intern/co-op event Thursday, July 30, at the Garden at Cerulean. DePuy Synthes Joint Reconstruction, OrthoPediatrics, Paragon Medical and Zimmer Biomet provided sponsorship for this end of summer celebration. Approximately 70 people, including interns, co-ops, industry employees and OrthoWorx staff, were in attendance. Those present enjoyed garden fare …read more.
A recent study conducted by “NerdWallet” analyzed 99 locations in Indiana to determine which cities are best suited for entrepreneurs. After analyzing locations with a population of at least 5,000 and at least 500 businesses, NerdWallet ranked Warsaw as the fifth best place in Indiana to start a business. According to the website, this ranking …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) today announced that, following the receipt of U.S. Federal Trade Commission clearance, Zimmer has completed the acquisition of Biomet in a cash and equity transaction currently valued at approximately $14 billion. In connection with the combination, Zimmer has changed its corporate name to Zimmer Biomet Holdings, Inc. The …read more.
Warsaw Board of Works and Public Safety had a lengthy list of new business to go through early Friday afternoon.
By TAMMY ALLEN OrthoWorx Director of Marketing Over 60 summer interns and co-ops from OrthoWorx member companies recently attended an after-work social program to connect with other interns/co-ops from local medical device companies. Attendees included individuals from Biomet, DePuy Synthes Joint Reconstruction, Medtronic, OrthoWorx, Paragon Medical and Zimmer. The purpose of the event was to …read more.
Warsaw-based Zimmer Holdings Inc. has divested some business assets as part of its more than $13 billion pending acquisition of Biomet Inc.
Warsaw Common Council’s meeting Monday evening was brief with action on two items on its agenda. Council members approved to continue the tax abatements for four businesses that have complied with real and personal property as outlined in their original request. The abatement reviews were for Zimmer, Symmetry Medical USA, Wildman Business Group LLC and R …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH), a global leader in musculoskeletal care, today announced that it will be presenting at the Bank of America Merrill Lynch 2015 Health Care Conference at the Encore Wynn hotel in Las Vegas, Nevada at 8 a.m. PT Wednesday, May 13. A live webcast of the presentation can be accessed …read more.
Zimmer today announced that its board of directors has approved the payment of a quarterly cash dividend to stockholders for the second quarter of 2015.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) today reported financial results for the quarter ended March 31. The company reported first quarter net sales of $1.13 billion, a decrease of 2.3 percent reported and an increase of 4.5 percent constant currency compared to the first quarter of 2014. Diluted earnings per share for the quarter …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) (“Zimmer”) announced today that the “outside date” for completing the proposed merger pursuant to the Agreement and Plan of Merger (the “Merger Agreement”), dated April 24, 2014, among Zimmer, Owl Merger Sub, Inc. and LVB Acquisition, Inc., the parent company of Biomet, Inc. (“Biomet”), has been extended from …read more.
The U.S. Food and Drug Administration (FDA) issued a notice on March 12, for a Class II recall for all lots and sizes of the Zimmer Persona® Trabecular Metal™ Tibial Plate knee implant. According to the FDA’s website, all lots and sizes are affected of the 11,658 devices that were recalled. “Zimmer Inc. is initiating …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) wishes to recognize Bonnie Simpson Mason, MD, for being selected as the 2015 recipient of the American Academy of Orthopaedic Surgeons (AAOS) Diversity Award. The AAOS Diversity Award recognizes Academy members who have distinguished their careers through an outstanding commitment to making clinical orthopaedics more representative of, and …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) announced today that the European Commission has conditionally cleared Zimmer’s proposed acquisition of Biomet, Inc. The EC’s clearance is conditioned upon Zimmer entering into agreements with a suitable buyer to divest certain assets comprising the remedy package previously submitted to the EC. Zimmer expects to enter into such …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) is celebrating a key milestone in 2015 for its NexGen® Complete Knee System. 2015 is the 20th year since Zimmer first introduced the NexGen knee system, with its innovative design and component quality, to the market. To date, more than five million implantations of the NexGen knee have …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) is highlighting its Vivacit-E® Advanced Bearing Technology with Vitamin E by celebrating a significant testing milestone. A paper published earlier this month reported that, at 96 million cycles of in vitro wear testing, Vivacit-E Advanced Bearing Technology featuring Vitamin E grafted highly crosslinked polyethylene hip acetabular liners from …read more.
By employing a customized, more holistic approach to total knee replacement, a new outpatient program from Zimmer Holdings, Inc. (NYSE and SIX: ZMH) is finding success in addressing emerging challenges faced by hospitals, physicians and patients considering the procedure. The new Z23™ Outpatient Knee Program uses a simplified surgical approach, a personalized care plan and …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) (“Zimmer”) announced today that the Japan Fair Trade Commission has granted clearance of Zimmer’s proposed acquisition of Biomet, Inc. (“Biomet”), thereby satisfying one of the conditions necessary for the consummation of the transaction. The transaction remains subject to the expiration or termination of the applicable waiting periods under …read more.
Zimmer’s Vivacit-E Vitamin E Highly Crosslinked Polyethylene (HXPE) is a high-tech bearing surface offering oxidative stability and low wear that has already become a staple of the company’s replacement products for the knee, hip and elbow. Its introduction into the Trabecular Metal Reverse Shoulder System is designed to meet the growing demand for shoulder replacement. …read more.
Article by Lt. Kip Shuter, Warsaw Police Department At 11:37 a.m. Central Dispatch received a call from Zimmer security of a possible bomb threat at Zimmer Plant 5. Police, fire, and EMS responded. Zimmer was evacuated and Zimmer management and supervisors did a thorough search of the interior and exterior of the building, finding nothing of …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) announced today that it has agreed to sell $7.65 billion of senior notes in an underwritten public offering through Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as joint book-running managers. The offering consists of the …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) (“Zimmer”) announced today that it has proposed a revised remedy package to the European Commission (the “EC”) to facilitate the EC’s approval of Zimmer’s proposed acquisition of Biomet. The revised remedy package submitted by Zimmer is generally consistent with the initial remedy package proposed in December 2014 and …read more.
The National Academy of Engineering (NAE) has elected 67 new members and 12 foreign members, announced NAE President C.D. (Dan) Mote Jr. today. This brings the total U.S. membership to 2,263 and the number of foreign members to 221. Election to the National Academy of Engineering is among the highest professional distinctions accorded to an …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) today reported financial results for the quarter and year ended Dec. 31, 2014. The company reported fourth quarter net sales of $1.22 billion, a decrease of 1.4 percent reported and an increase of 2.4 percent constant currency over the fourth quarter of 2013. Diluted earnings per share for …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) announced today its fourth quarter 2014 sales and earnings conference call will be broadcast live over the internet on at 8 a.m. ET Thursday, Jan. 29. A news release detailing the quarterly results will be made available the morning of the conference call. The live audio webcast can …read more.
By JONI TRUEX Public Relations Director, Kosciusko Leadership Academy The Kosciusko Leadership Academy met at the Manahan Orthopaedic Capital Center to learn about the Orthopaedic industry at a session sponsored by the Convention and Visitors Bureau. Mary Kittrell welcomed KLA Cadets and provided an overview of tourism in Kosciusko county. Bob Hastings, a research director …read more.
By ERIN POLLEY Indiana Moral Monday The more than 70 organizations that make up Indiana Moral Mondays have been eagerly waiting for lawmakers to return to their seats for the 2015 Session of the Indiana General Assembly and will be out in force at the State House as it reopens today. This year, legislators are …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH), a global leader in musculoskeletal care, today announced that it will be participating in the 33rd Annual J.P. Morgan Healthcare Conference at the Westin St. Francis Hotel in San Francisco, Calif., on Jan. 13, 2015. Zimmer President and CEO, David Dvorak, will present at 7:30 a.m. Pacific Time. …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) announced today that it has proposed a remedy package to the European Commission (the “EC”) to facilitate the EC’s approval of Zimmer’s proposed acquisition of Biomet. Zimmer has been working closely with the EC to develop a mutually-acceptable solution to address the discrete concerns identified by the EC …read more.
Zimmer Holdings, Inc. (NYSE and SIX: ZMH) (“Zimmer”) announced today that it has agreed with the European Commission to extend the deadline for the EC’s review of Zimmer’s proposed acquisition of Biomet by a limited number of days in order to provide the EC with certain additional information. Deadline extensions are not uncommon in such …read more.
Zimmer Holdings, Inc. (NYSE: ZMH and SIX: ZMH) today announced the future executive leadership team and organizational structure of the combined company following the closing of the Biomet transaction. Zimmer also announced that the combined organization will leverage the strength of both companies’ brands and will be named Zimmer Biomet, with the new brand to …read more.
WARSAW – Zimmer Holdings, Inc. (NYSE and SIX: ZMH) today reported financial results for the quarter ended Sept. 30, 2014. The company reported third quarter net sales of $1.11 billion, an increase of 2.9 percent reported and 3.1 percent constant currency over the third quarter of 2013. Diluted earnings per share for the quarter were …read more.
On Friday, Oct. 3, the European Union antitrust regulators opened an investigation into the $13.4 billion bid from Zimmer for Biomet. According to Reuters, the investigation will increase pressure on Zimmer to offer concession to alleviate their concerns. Should the deal be cleared by the EU competition authority, which will be decided upon by Feb. 16, …read more.
Medical advances, which once seemed years away, could be coming closer to reality with Zimmer Holdings Inc.’s spending of $13.35 billion acquisition of Biomet Inc. According to The Journal Gazette, Zimmer officials are talking almost doubling its annual budget for research and development of new products to $360 million once the deal closes early next …read more.
On June 11, the European Commission declared the initial notification submitted for the Zimmer and Biomet merger incomplete. According to a press release, Zimmer is working with the commission to provide additional requested information. At stake is the $13.35 billion merger of Biomet with Zimmer. Zimmer is expected to file an updated notification with the …read more.
Zimmer (NYSE:ZMH) President and CEO David Dvorak is looking to avoid layoffs as much as possible following the pending mega-merger with long-time rival Biomet. According to a report by MassDevice, Zimmer, which is poised to become the second largest player in the orthopedics space by absorbing Biomet, plans to keep the entire sales force for both companies. …read more.
UPDATE: Unofficially we have heard that a machine caught fire, sending smoke throughout the building. Warsaw Fire Department with engine and ladder assistance from Winona Lake are heading to Zimmer Plant 5, 1800 West Center St., Warsaw, for a smoke investigation. Initial reports are there is smoke in the building. We will have further information …read more.
(EDITOR’S NOTE: The following appeared in The Wall Street Journal.) WARSAW, Ind. — A $13.35 billion deal to combine two medical-device makers was big news on Wall Street Thursday—and also in this 14,000-person city where both companies are based, which proudly calls itself the “Orthopedic Capital of the World.” Zimmer Holdings Inc. ZMH -1.40% ‘s agreement to acquire crosstown …read more.
OrthoWorx members, Zimmer and Biomet, will be combining to create an even stronger company in the global medical device market, and the announcement is met with positivity by OrthoWorx. A message distributed this morning from Zimmer CEO David Dvorak states, “Through this combination we are cementing Warsaw, Ind., as the musculoskeletal innovation capital of the …read more.
Zimmer Holding, Inc. (NYSE and SIX: ZMH) and Biomet today announced that their respective boards of directors have approved a definitive agreement under which Zimmer will acquire Biomet in a cash and stock transaction valued at approximately $13.35 billion, including the assumption of net debt. The transaction, which is subject to customary closing conditions and …read more.
The US Department of Defense has awarded Warsaw-based Zimmer with a maximum $65,642,304 modification. The deal exercises the third option period on a one-year base contract. There are a total of five 1-year periods for orthopedic hip, knee, spine and extremity trauma implant procedural packages. A year ago today, the US Department of Defense announced …read more.
One year after the medical device tax, as part of the Affordable Care Act went into effect, the financial impact on the medtech industry is not as bad as industry lobbyists feared, but it is still concerning to the industry. According to a recently analysis completed by MassDevice.com, the medtech industry paid at least $500 …read more.
Zimmer Holdings Inc. (NYSE and SIX: ZMH), a global leader in musculoskeletal care, announced that its board of directors has approved the payment of a quarterly dividend to stockholders for the fourth quarter of 2013. Zimmer’s board of directors also has authorized a new share repurchase program effective Jan. 1, 2014.The cash dividend of 20 …read more.
Zimmer is being sued by Michael J. Casini, of Granger, for a faulty knee replacement product. According to official court documents filed on Nov. 12, Casini suffered damages as a result of Zimmer’s “development, design, manufacture, distribution and selling of … the Zimmer NexGen CR and the Zimmer NexGen CR-Flex Porous Femoral knee replacement system.” …read more.
Orthopedic industry reports today say Senate Republicans may be making progress with President Barack Obama in modifying the 2.3 percent medical device tax. The tax, which is expected to raise nearly $30 billion over the next 10 years to support Obama’s healthcare reform, has caused great concern for Indiana, and especially Warsaw where three of …read more.
Stryker (NYSE:SYK) and Zimmer (NYSE:ZMH) reportedly put to rest a bitter lawsuit filed by Stryker that accused its orthopedics rival of poaching employees and stealing trade secrets. According to MassDevice.com, a trial in the case was slated to begin yesterday in the U.S. District Court for New Jersey, but lawyers for the medical device companies …read more.
Zimmer Holdings Inc. a world leader in musculoskeletal care, today announced that it has received 510(k) clearance from the U.S. Food and Drug Administration to market the Zimmer Patient Specific Instruments Shoulder system to complement its Trabecular Metal Reverse Shoulder system for reverse shoulder arthroplasty procedures. Zimmer PSI Shoulder utilizes 3D visualization software to allow …read more.
The YMCA’s Corporate Challenge, for the businesses of Kosciusko County, is offered to increase employee and community health and fitness to build employee pride and dedication and to develop community spirit. Participants spend quality time together working as a team outside of the normal work environment. This year’s participants are Biomet, Creighton Brothers, DePuy, Kosciusko …read more.
Zimmer Holdings Inc. today reported financial results for the quarter ended June 30. The company reported second quarter net sales of $1.17 billion, an increase of 4 percent reported and an increase of 5.5 percent constant currency over the second quarter of 2012. Diluted earnings per share for the quarter were $0.89 reported and $1.43 …read more.
Orthopedic giant Zimmer isn’t revealing the price it paid for Germany-based foot and ankle and hand and wrist devices maker NORMED Medizin-Technik GmbH. The acquisition of Germany-based NORMED Medizin-Technik GmbH was announced today, but the companies are keeping quiet about the terms of the deal. NORMED develops screws, plates and specialized instruments for use in …read more.
Zimmer Holdings Inc. announced today that it has acquired Tuttlingen, Germany-based NORMED Medizin-Technik GmbH, a provider of innovative technologies for the foot and ankle, hand and wrist reconstruction and trauma markets. NORMED develops a broad range of specialized plates, screws and instruments, including systems for bone reconstruction and fracture repair, fusion procedures and external fixation. …read more.
[youtube http://www.youtube.com/watch?feature=player_embedded&v=0YTtaHv-3eU] On Tuesday, 12 teams from across the state of Indiana gathered for the State of Indiana Wastewater Challenge to compete in five events. Teams were comprised of four members making a total of 48 contestants total. According to Brian Davison, Warsaw wastewater utility manager and chairman of the Indiana Water Environment Association, this is …read more.
Zimmer Holdings said less than 50 full-time employees will be out of work today as the company initiates programs to sustain growth. Zimmer employees told StaceyPageOnline.com early this morning that a number of supervisors were “walked out” last night and that a series of town hall style meetings have been going on all week at …read more.
Zimmer Holdings Inc. announced Thursday that it has acquired the business assets of West Chester, Pa.-based Knee Creations LLC. The acquisition enhances Zimmer’s product portfolio of knee treatments through the addition of Knee Creations’ Subchondroplasty® procedure. Subchondroplasty is an innovative, proprietary joint-preservation treatment that has been shown to deliver sustained relief to patients with knee …read more.
Rumors of a sinkhole at Zimmer Building 5 have a few people worried this morning, but a Zimmer official says there is no reason to worry. Gary Clark of Zimmer tells StaceyPageOnline.com this morning that, while there was a slight depression in the pavement of a parking area at Bldg. 5, “it was the size …read more.
During the evenings of Tuesday and Wednesday, April 16-17, the Circuit on Professionalism series, sponsored by the offices of Career Services and Advancement at Grace College, hosted a mock interview event for Grace College juniors and seniors. More than 50 employers in the Kosciusko County area came to the Grace campus to conduct the interviews, …read more.
The executive director of the Indiana Medical Device Manufacturers Council is “hopeful” federal lawmakers will repeal a tax on medical device makers. Peggy Welch wants to further educate Hoosier legislators about the impact of the industry today during Life Sciences Exhibitor Day at the Statehouse. She says while large companies can “weather the tax,” smaller …read more.
A federal court jury in Grand Rapids, Mich., ruled this week that Warsaw-based Zimmer Holdings will pay $70 million plus damages and royalties totaling $63.7 million to Stryker for patent infringement. On Tuesday, the jury found that Zimmer Holdings infringed three Stryker patents pertaining to its Pulsavac wound debridement system devices. According to Bloomberg.com, the …read more.
Fourth-quarter profit fell 2 percent at Zimmer Holdings Inc. due to large accounting charges, but still beat estimates of Wall Street analysts. And the Warsaw-based maker of orthopedic implants predicted revenue and profit will pick up steam in 2013. Zimmer earned $152.8 million, or 88 cents per share, in the quarter. The company took a …read more.
Zimmer Holdings Inc. (NYSE: ZMH; SIX: ZMH), today announced that it has received 510(k) clearance from the U.S. Food and Drug Administration to market iASSIST Knee, the Personalized Guidance System for knee replacement procedures. iASSIST represents a revolutionary next step in surgical guidance, providing simple, intuitive and accurate intraoperative feedback and alignment validation to surgeons …read more.
Day two of the Bill Warren criminal confinement and sexual assault trial began with the alleged victim, K.W., back on the stand and recounting the events of Aug. 29-30, 2010, that led to Warren facing 27 felony charges. (See related story) Kosciusko County Prosecutor Dan Hampton began today’s hearing saying, “Yesterday we talked about your …read more.
Bill Warren A 38-year-old North Manchester man has had his jury trial continued once again. Bill Warren was scheduled to go to trial in Kosciusko County Superior Court I this morning, but on Friday his attorney, Alan J. Zimmerman, filed a motion to continue. The trial is now set for Nov. 13-15. Warren, 38, of …read more.
Wabash County defense attorney Alan J. Zimmerman appeared before Kosciusko County Superior Court I Judge Duane Huffer today without his client, Bill Warren, for a pre-trial conference hearing. Warren, 38, of North Manchester, has been charged with 27 felonies including criminal confinement, strangulation, sexual battery, battery resulting in serious injury to a person under the age …read more.
















