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Home News

DJ Orthopedics Acquires Newmed

by The O&P EDGE
January 2, 2022
in News
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dj Orthopedics Inc., San Diego, California, a global medical
device company specializing in rehabilitation and regeneration
products for the non-operative orthopedic and spine markets, has
signed a definitive agreement to acquire the shares, and repay
certain obligations, of Newmed SAS (Newmed), for cash payments
aggregating approximately $15.6 million. The sellers also could
receive up to an additional $1.2 million based on achievement of
certain revenue targets for 2006. The transaction is expected to
close in early January 2006.

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