Economic Development Futures Journal

Friday, September 09, 2005

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Company Profile: Biomet

Biomet, Inc., designs, manufactures and markets products used primarily by musculoskeletal medical specialists in both surgical and non-surgical therapy, including reconstructive and fixation devices, electrical bone growth stimulators, orthopedic support devices, operating room supplies, general surgical instruments, arthroscopy products, spinal products, bone cements and accessories, bone substitute materials, craniomaxillofacial implants and instruments, and dental reconstructive implants and associated instrumentation.

Biomet, Inc. operates in one business segment, musculoskeletal products, which includes the design, manufacture and marketing of four major product groups: reconstructive devices, fixation products, spinal products and other products.

The company has three reportable geographic markets: United States, Europe and Other.

Reconstructive devices include knee, hip and extremity joint replacement systems, as well as dental reconstructive implants, bone cements and accessories and the procedure-specific instrumentation required to implant the company's reconstructive systems.

Fixation products include internal and external fixation devices, craniomaxillofacial fixation systems and electrical stimulation devices that do not address the spine.

Spinal products include electrical stimulation devices addressing the spine and spinal fixation systems.

The other product sales category includes soft goods and bracing products, arthroscopy products, casting materials, general surgical instruments, operating room supplies, wound care products and other surgical products.

Website: http://www.biomet.com
Location: Warsaw, Indiana

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