Zimmer Biomet completes Cayenne Medical acquisition: 5 things to know

Spinal Tech

Zimmer Biomet completed its acquisition of Cayenne Medical.

Here are five things to know:


1. The transaction's financial terms were not disclosed.


2. Cayenne Medical develops and markets soft tissue repair and reconstruction solutions for conditions of the knee, shoulder and extremities.


3. Zimmer Biomet expects its Cayenne Medical acquisition to strengthen its sports medicine capabilities and portfolio of soft tissue reconstruction solutions.


4. Zimmer Biomet reported net sales of $1.9 billion in the first quarter of 2016.


5. Zimmer Biomet's knees category saw net sales of $703.3 million in the first quarter of 2016. The hips category saw net sales of $467.9 million and the spine and CMF category had net sales reach $141.2 million.


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