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Össur HF SP/ADR (OSSUY) is a leading global provider of innovative mobility solutions that help people live a Life Without Limitations®. The company recently celebrated the outstanding performance of Team Össur athletes at the 2023 World Para Athletics Championships, where they earned 10 medals. Össur's iconic Cheetah sports prostheses continue to be the prosthesis-of-choice for world-class competitors, showcasing the company's commitment to innovation and supporting individuals with lower limb loss and limb difference.

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Össur provides comprehensive training for Ukrainian medical professionals in the field of lower limb prosthetics.
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Össur has launched the POWER KNEE, the world's first actively powered microprocessor prosthetic knee, targeting individuals with above-knee amputation or limb differences. This innovative technology utilizes advanced algorithms to adapt to the wearer's movement, providing active support on various terrains. It enhances natural motion and energy conservation, allowing for improved mobility and endurance. CEO Jon Sigurdsson emphasizes its transformative potential, marking a significant advancement in prosthetic solutions.

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During the Tokyo Paralympic Games, athletes using Össur's prosthetics achieved remarkable success, winning 28 medals, including four World Records and three Paralympic Records. Athletes equipped with the iconic carbon fiber Cheetah blades dominated events such as Long Jump and sprints, with notable performances in the Men's and Women's T62/T64 categories. Gold medalist Fleur Jong of The Netherlands and Ntando Mahlangu of South Africa set new World Records. Össur's technologies were pivotal in enhancing athletic performance, showcasing the brand's strong reputation in the realm of adaptive sports.

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Össur, a leader in prosthetics and orthopaedics, has unveiled its Team Össur roster, featuring 23 elite para-athletes, including World Record-holders and Paralympic champions. This team highlights Össur's commitment to innovation in sports prosthetics, which began with the Cheetah® running blade. Jon Sigurdsson, President and CEO, expressed pride in these athletes, noting their role as positive role models. Össur aims to continue its legacy of technological advancement, reinforcing its status as the 'gold standard' in prosthetic technologies.

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Össur, a leader in the orthotics and prosthetics industry, announced its commitment to becoming carbon neutral in 2021, coinciding with its 50th anniversary. This initiative includes reducing energy consumption, waste generation, and transportation emissions, aligning with the Greenhouse Gas Protocol’s Scope 1, 2, and selected Scope 3 emissions. President Jon Sigurdsson stated that the company is dedicated to sustainability and the UN Sustainable Development Goals. Össur aims to source all electricity from renewable sources and has partnered with First Climate for carbon management.

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FAQ

What is the market cap of EMBLA MEDICAL (OSSUY)?

The market cap of EMBLA MEDICAL (OSSUY) is approximately 1.9B.

What does Össur HF SP/ADR do?

Össur HF SP/ADR is a global provider of innovative mobility solutions that help individuals with lower limb loss and limb difference live a Life Without Limitations®. The company offers a range of prosthetic technologies, including the iconic Cheetah sports prostheses, to support athletes and individuals in their daily activities.

What recent achievement did Team Össur athletes celebrate?

At the 2023 World Para Athletics Championships, Team Össur athletes earned 10 medals, including 3 gold, 3 silver, and 4 bronze medals. The athletes showcased exceptional performances, with many competing on Össur's Cheetah sports prostheses.

Why are Össur's Cheetah sports prostheses significant?

Össur's Cheetah sports prostheses are the prosthesis-of-choice for world-class competitors due to their innovative design and performance-enhancing capabilities. Athletes wearing Össur's prosthetic technologies have achieved remarkable results in various competitions, setting new records and delivering outstanding performances.

How does Össur support individuals with lower limb loss and limb difference?

Össur is committed to innovating for people with lower limb loss and limb difference at virtually every level of mobility or activity. The company maintains long-standing relationships with athletes and individuals to receive continuous feedback, ensuring that its prosthetic solutions meet the evolving needs of its users.

What partnership did Össur recently engage in to support Ukrainian medical professionals?

Össur recently conducted a multi-disciplinary educational event in partnership with the Ukraine Protez Hub Foundation. The event focused on providing comprehensive education and hands-on training to Ukrainian medical professionals in the field of lower limb amputation and prosthetic rehabilitation, with the goal of contributing to the sustainable development of prosthetic care in Ukraine.

Who were the key thought leaders involved in the educational event for Ukrainian medical professionals?

The educational event for Ukrainian medical professionals organized by Össur featured globally recognized thought leaders such as Professors Jan Geertzen, Bernhard Greitemann, and Richard Branemark, as well as orthopedic surgeons Gert-Uno Larsson and Axel Schulz. These experts provided a holistic program covering surgical techniques, wound healing, assistive technology, and more.

Why is the partnership with the Ukraine Protez Hub Foundation significant?

The partnership between Össur and the Ukraine Protez Hub Foundation is crucial in supporting the sustainable development of the prosthetics industry in Ukraine. By providing educational initiatives and hands-on training to Ukrainian medical professionals, the organizations aim to enhance clinical care for Ukrainian patients in need of prosthetic solutions.

How is Össur contributing to the positive development of prosthetic care in Ukraine?

Össur has been diligently supporting Ukrainian medical professionals and amputees since the beginning of the war, contributing to the positive development of prosthetic care in the country. Through initiatives like educational events and partnerships with organizations like the Ukraine Protez Hub Foundation, Össur aims to enhance the clinical care and rehabilitation services available to Ukrainian patients.

What impact has the ongoing war had on the prosthetic care industry in Ukraine?

The ongoing war in Ukraine has led to an increased number of amputees, highlighting the urgent need for prosthetic care and rehabilitation services in the country. Organizations like Össur and the Ukraine Protez Hub Foundation are working together to provide ongoing support, education, and prosthetic solutions to Ukrainian patients affected by limb loss.

How does Össur support individuals with lower limb loss and limb difference beyond athletic competitions?

Össur's commitment to innovating for people with lower limb loss and limb difference extends beyond athletic competitions to support individuals in their daily activities. The company offers a range of prosthetic technologies designed to enhance mobility and quality of life for users, ensuring that they can live a Life Without Limitations®.
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1.92B
196.06M
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