The competition in the hip and knee business is about to get a little smaller with this acquisition by Johnson and Johnson. In looking at both pages there’s seems to be a lot of product to merge together and appears to make the DePuy line a bit larger.
From the website:
“Finsbury has always been characterized by its forward thinking and innovative attitude, this was confirmed early on with the success of the Freeman Hip, the Nuffield Knee and early hip resurfacing collaborations
Since 1978 the company has grown extensively, now employing over 250 staff members from its head quarters in Leatherhead, Surrey.”
Johnson & Johnson's DePuy Orthopedic division buys Finsbury Orthopaedics for an undisclosed amount.
DePuy Orthopaedics Inc. acquired Leatherhead, U.K.-based hip implant maker Finsbury Orthopaedics Ltd. for an undisclosed amount.
Warsaw, Ind.-based DePuy Orthopaedics is a division of DePuy Inc., which houses three of its divisions in Massachusetts and is a subsidiary of Johnson & Johnson (NYSE:JNJ).