Live Breaking News & Updates on Obile Bearing Knee Systems
Stay updated with breaking news from Obile bearing knee systems. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Shalby gained 1.31% to Rs 162.40 after the company announced that it has entered into a definitive agreement to acquire certain assets from California- based Consensus Orthopedics, for a total cash consideration of $11.45 million. The assets were acquired by Shalby Advanced Technologies Inc, a wholly owned subsidiary of Mars Medical Devices, which is a wholly owned subsidiary of Shalby. The announcement was made on Saturday, 15 May 2021. The acquired assets are primarily comprised of inventory and plant and equipment. Product inventory includes knee systems, mobile bearing knee systems, hip systems and revision knee systems. The manufacturing plant and equipment consists of machining & finishing (60,000 components per annum), inspection (75,000-80,000 components per annum) and cleaning, packaging & sterilization (1,50,000 components per annum). The manufacturing site is USFDA certified and has ISO certification 13485:2016. In addition, an experienced team of over 40 consen ....
For cash consideration of USD 11.45 mnShalby has entered into a definitive agreement to acquire certain assets from Consensus Orthopedics (Consensus) a company headquartered in El Dorado Hills, Sacramento, California for a cash consideration of USD 11.45 million. The assets were acquired by Shalby Advanced Technologies Inc, a wholly owned subsidiary of Mars Medical Devices, which in turn is a wholly owned subsidiary of Shalby. Consensus designs and manufactures orthopedic implants and instruments with sales predominantly in North America. The acquired assets are primarily comprised of inventory and plant and equipment. Product inventory includes knee systems, mobile bearing knee systems, hip systems and revision knee systems. The manufacturing plant and equipment consists of machining & finishing (60,000 components per annum), inspection (75,000-80,000 ....
Shalby acquires implant assets from Consensus Orthopedics for Rs 85 crore ANI | Updated: May 15, 2021 13:30 IST Ahmedabad (Gujarat) [India], May 15 (ANI): Multi-specialty hospital Shalby said on Saturday it has entered into a definitive agreement to acquire certain assets from California-based Consensus Orthopedics for a cash consideration of 11.45 million dollars (about Rs 85 crore). The assets were acquired by Shalby Advanced Technologies Inc, a wholly-owned subsidiary of Mars Medical Devices, which in turn is a wholly-owned subsidiary of Shalby. Consensus designs and manufactures orthopedic implants and instruments with sales predominantly in North America. Key customers include hospitals, surgeons and wholesale distributors. The company has completed over 1.6 lakh joint replacement procedures with zero recalls. ....