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14 September 2018Europe

J&J to acquire maker of 3D-printed spinal implants

Johnson & Johnson (J&J) announced this week that its subsidiary  J&J Medical has acquired Emerging Implant Technologies ( EIT) for an undisclosed amount.

The acquisition of the Germany-based company was announced on Wednesday, September 12 and will see J&J leverage EIT’s technologies to reach patients on an international level.

EIT manufactures 3D-printed titanium interbody implants for spinal fusion surgery.

The deal will allow J&J to strengthen its orthopaedic interbody implant portfolio—managed by J&J’s subsidiary DePuy Synthes.

“Our goal is to offer a complete portfolio of interbody solutions that provides surgeons with even more options for the treatment of their patient,” commented Aldo Denti, chairman of DePuy Synthes.

Denti added: “We are excited to welcome the skilled team at EIT, and together, we aspire to bring to market technologies that allow surgeons to perform spinal fusion reliably and with consistent outcomes.”

J&J said that DePuy Synthes will continue to focus on solutions to degenerative disc disease, deformity and complex cervical diseases.

In March 2018, J&J revealed plans to sell its blood glucose monitoring unit, LifeScan, for $2.1 billion.

Last year, J&J announced that another of its subsidiaries, Johnson & Johnson Services, has begun a research collaboration with 3D printing startup Inkbit Corporation.

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