CFX - Colfax's subsidiary buys MedShape
DJO, a subsidiary of Colfax (CFX), acquires MedShape, a privately held orthopedic medical device company.The commercial terms were not disclosed.MedShape® provides surgical solutions for foot and ankle surgeons using its patented superelastic nickel-titanium (NiTiNOL) shape memory alloy and shape memory polymer technologies.The acquired business’ portfolio comprises fracture fixation, joint fusion, and soft tissue injury repair that utilize biomaterial technologies.Brady Shirley, CEO of DJO. “MedShape’s patented technology and growing suite of foot & ankle innovations complement our existing portfolio and strengthen our key strategic imperative of superior clinical outcomes.Press Release
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Colfax's subsidiary buys MedShape