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DJO Acquires MedShape

DJO, a subsidiary of Colfax Corporation and a global provider of medical technologies to get and keep people moving, announced that it has completed the acquisition of MedShape, a privately held orthopedic medical device company founded in 2005. MedShape provides surgical solutions for foot and ankle surgeons using its patented superelastic nickel titanium (NiTiNOL) shape memory alloy and shape memory polymer technologies. The acquired business’ portfolio includes devices for fracture fixation, joint fusion, and soft tissue injury repair that utilize biomaterial technologies designed to improve patient outcomes. The MedShape product line opens a new market entry for a suite of surgical solutions that actively participate in the bone healing process and creates new options for self-adapting foot and ankle implants. Financial details of the transaction were not disclosed.

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