New orthopedic medical device company launches: 5 things to know

Advita Ortho, a global medical device company, has officially launched, according to a Nov. 3 news release from Advita. 

Here are five things to know:

1. The company will provide orthopedic implants and a suite of integrated orthopedic technologies. 
2. Advita owns and distributes product lines including Equinoxe Shoulder, Vantage Ankle, Alteon Hip, Truliant Knee, Newton balancing technology and GPS navigation.
3. The assets were acquired from Exactech, which recently underwent restructuring. 
4. Aurelio Sahagun, who has more than 20 years of experience in the orthopedic and dental industries, will serve as Advita’s CEO. 
5. Advita’s owners include funds managed by affiliates of Strategic Value Partners, Stellex Capital Management and Greywolf Capital Management.

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