Zimmer Holdings Inc has won U.S. antitrust approval to buy rival orthopedic products maker Biomet Inc on condition that it divest certain assets, the Federal Trade Commission said today Wednesday, June 24, according to a Reuters report. The assets to be sold include certain knee implants, total elbow implants and bone cement, the agency said. …read more.

According to a New York Time’s article posted on Tuesday, Dec. 23, possible acts of bribery allegedly committed by Biomet in foreign countries may have complicated the $13.35 billion merger with Zimmer Holdings. According to the New York Times, Biomet is currently suspected of helping to bribe government officials in Mexico and Brazil. An “anonymous …read more.

Zimmer Holdings, Inc. (NYSE and SIX: ZMH) announced today that it has acquired the business of Cambridge, Massachusetts-based ETEX Holdings, Incorporated. The financial terms of the transaction were not disclosed. The acquisition enhances Zimmer’s Biologics portfolio of differentiated treatments through the addition of ETEX’s Beta-bsm (Injectable), CarriGen, EquivaBone (including DBM), and Gamma-bsm (Putty) bone void …read more.

WARSAW, Ind. — Zimmer Holdings Inc. (NYSE and SIX: ZMH) today reported financial results for the quarter ended June 30, 2014. The Company reported second quarter net sales of $1.18 billion, an increase of 1.2% reported and 0.9% constant currency over the second quarter of 2013. Diluted earnings per share for the quarter were $1.03 …read more.

Zimmer Holdings, Inc. (NYSE and SIX: ZMH) (“Zimmer” or the “Company”) and Biomet, Inc. (“Biomet”) announced that they have each received a request for additional information (“second request”) from the United States Federal Trade Commission (“FTC”) in connection with Zimmer’s previously announced proposed acquisition of Biomet. The second request was issued under the notification requirements …read more.

Orthopedic rivals Zimmer Holdings and Stryker Corp. are once again engaged in a legal battle.Zimmer filed a lawsuit in South Bend’s Northern District of U.S. District Court accusing its rival of using a “Trojan horse” scheme to lure away sales reps and accounts in its Texas market. The suit also names Zimmer sales rep Cory …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.