Welcome to our dedicated page for Zimmer Biomet news (Ticker: ZBH), a resource for investors and traders seeking the latest updates and insights on Zimmer Biomet stock.
Overview of Zimmer Biomet
Zimmer Biomet is a globally recognized medical technology company with a deep-rooted legacy in orthopedic and musculoskeletal healthcare. With nearly 90 years of experience, the company has earned its reputation for designing, manufacturing, and marketing a comprehensive portfolio of personalized bone and joint healthcare solutions. Its range of products spans advanced joint reconstruction systems, bone and skeletal repair devices, and specialized surgical instrumentation, all engineered to help healthcare professionals deliver exceptional patient outcomes.
Core Business Areas and Product Portfolio
The company operates across multiple critical segments in orthopedics, offering solutions for joint replacement, bone repair, sports medicine, and dental reconstruction. Certain product lines emphasize large joint reconstruction while others focus on extremities and trauma care. Notably, Zimmer Biomet integrates digital technologies, robotics, and artificial intelligence into its products, enabling precision in surgery and customized treatment strategies. This integration of technology ensures that every product is backed by clinical expertise and rigorous surgical validation.
Technological Innovation and Clinical Integration
Zimmer Biomet’s commitment to innovation is evident in its incorporation of digital and robotic solutions that enhance surgical accuracy and operational efficiency. The company has successfully linked its traditional orthopedic expertise with emerging technologies such as AI-powered surgical guidance and handheld robotic systems. This synthesis supports an environment where surgeons can rely on real-time data and imaging to improve the precision of implant placement and overall surgical workflow. The firm’s emphasis on advanced technologies not only underpins its product development strategy but also reinforces its position as a trusted name in musculoskeletal care.
Global Presence and Market Position
With operations in more than 25 countries and sales across over 100 markets, Zimmer Biomet serves a diverse global clientele of hospitals, clinics, and orthopedic centers. This widespread reach reinforces the company’s status as an authoritative source of innovative orthopedic solutions. The company has consistently differentiated itself in competitive markets through strategic acquisitions and robust technological enhancements, which have expanded its portfolio and market footprint in regions including the United States, Europe, and Asia.
Expertise, Experience, and Authoritativeness
Zimmer Biomet’s nearly nine-decade history in orthopedic innovation is supported by decades of clinical research and surgical partnerships. The company’s reputation is founded on its rigorous approach to ensuring that its products not only meet but exceed the demanding standards of modern orthopedic surgery. By continuously evolving its technological capabilities and investing in research and development, Zimmer Biomet exemplifies expertise and trustworthiness in delivering sophisticated, customer-centric healthcare solutions.
Operational Excellence and Strategic Differentiation
The company’s business model is built on direct relationships with healthcare providers and relies on a comprehensive product ecosystem that balances high-quality implantable devices with integrated digital technology solutions. This approach not only drives improved patient outcomes but also supports enhanced surgical workflows and operational efficiencies. Through strategic partnerships and acquisitions, Zimmer Biomet has ensured that its service offerings are both diverse and complementary, allowing for the incremental and sustainable growth of its core orthopedic business.
Conclusion
In summary, Zimmer Biomet stands as a cornerstone in the orthopedic industry, combining a storied legacy with modern innovations in digital, robotic, and AI-enabled surgical solutions. Its comprehensive portfolio, global reach, and commitment to clinical excellence make it an essential contributor to advancements in musculoskeletal health. For investors and industry analysts, understanding Zimmer Biomet’s strategic approach and technological integration is key to appreciating its enduring impact on orthopedic care and surgery.
Zimmer Biomet reported strong Q4 2024 financial results with net sales of $2.023 billion, up 4.3% year-over-year (4.9% constant currency). Full-year net sales reached $7.679 billion, increasing 3.8% (4.8% constant currency).
Q4 net earnings were $239.4 million ($462.4 million adjusted), with diluted EPS of $1.20 ($2.31 adjusted). Full-year net earnings totaled $903.8 million ($1.630 billion adjusted), with diluted EPS of $4.43 ($8.00 adjusted).
The company announced plans to acquire Paragon 28, expanding into the $5 billion foot and ankle segment. Notable achievements include FDA approval for the Oxford® Cementless Partial Knee and OsseoFit™ Stemless Shoulder System. For 2025, the company projects revenue growth of 1.0-3.5% (3.0-5.0% constant currency) and adjusted EPS of $8.15-$8.35.
Zimmer Biomet (NYSE: ZBH) has announced a definitive agreement to acquire Paragon 28 (NYSE: FNA) for $13.00 per share in cash, representing an equity value of approximately $1.1 billion and enterprise value of $1.2 billion. Paragon 28 shareholders will receive a non-tradeable contingent value right (CVR) worth up to $1.00 per share if certain revenue milestones are achieved in fiscal year 2026.
The acquisition expands Zimmer Biomet's presence in the ~$5 billion foot and ankle segment. Paragon 28, established in 2010, offers surgical solutions across major foot and ankle segments. The transaction is expected to immediately accelerate Zimmer Biomet's revenue growth, with Paragon 28's projected 2024 net revenue between $255.9-256.2 million, representing 18.2-18.4% growth.
The deal is anticipated to close in first half of 2025, subject to regulatory approvals and Paragon 28 stockholder approval. It is expected to be approximately 3% dilutive to adjusted EPS in 2025, 1% dilutive in 2026, and accretive within 24 months of closing.
Zimmer Biomet Holdings (NYSE and SIX: ZBH) has scheduled its fourth quarter 2024 financial results conference call for Thursday, February 6, 2025, at 8:30 a.m. ET. The company will release its quarterly results news release earlier that day at 6:30 a.m. ET.
The earnings call will be accessible through a live audio webcast on Zimmer Biomet's Investor Relations website, with a replay option available after the call. For those wishing to participate via phone, U.S. and Canadian participants can dial (888) 204-4368, while international callers should use +1 (323) 994-2093, both using conference ID 5103691.
Zimmer Biomet Holdings (NYSE and SIX: ZBH) has announced its participation in the 43rd Annual J.P. Morgan Healthcare Conference. The company's management team will deliver a presentation on Tuesday, January 14, 2025, at 8:15 a.m. PT (11:15 a.m. ET).
Investors and interested parties can access a live webcast of the presentation through Zimmer Biomet's Investor Relations website. The presentation will also be archived for later viewing following the conference.
Zimmer Biomet Holdings (NYSE and SIX: ZBH) has announced its Board of Directors' approval of a quarterly cash dividend for the fourth quarter of 2024. Shareholders will receive $0.24 per share, with the payment scheduled for January 31, 2025. To be eligible, stockholders must be on record by the close of business on December 30, 2024.
Zimmer Biomet (NYSE: ZBH) has received FDA 510(k) clearance for its OsseoFit™ Stemless Shoulder System for total shoulder replacement. The innovative implant features an anatomically shaped design that matches natural humeral anatomy while preserving healthy bone. The system integrates with Identity® Humeral Heads and Alliance® Glenoid, offering versatile options for patient-specific needs.
Key features include left-or-right-sided anchor implants with fins for press-fit insertion, fully porous windows, and anterior reattachment suture holes. The system comes in a single instrument tray for efficient workflow. Commercial availability is scheduled for Q1 2025.
Zimmer Biomet (NYSE: ZBH) has received FDA 510(k) clearance for its Persona® SoluTion™ PPS® Femur, a total knee implant component designed for patients with sensitivities to bone cement and/or metal. The implant features a porous coating for cementless fixation and a proprietary surface treatment for enhanced wear performance.
The device, when combined with Persona OsseoTi® Tibia and OsseoTi Patella, offers a fully cementless alternative to cobalt-chrome implants. Made of Tivanium® alloy, it minimizes common metal sensitizers and demonstrates similar wear performance compared to traditional cobalt chromium alloy components. Commercial availability in the U.S. is expected in Q1 2025.
Zimmer Biomet has received FDA approval for the Oxford® Cementless Partial Knee, making it the only cementless partial knee replacement implant available in the U.S. The approval is based on safety and effectiveness data from an IDE study. The device offers improved fixation, better long-term implant survival, and enhanced operating room efficiency compared to cemented procedures. With over 20 years of clinical experience and 300,000+ procedures worldwide, the implant features a mobile bearing design that mimics natural knee movement. The UK registry shows a 94.1% implant survival rate at 10 years, surpassing the average for other partial knees. U.S. launch is planned for Q1 2025.
Zimmer Biomet Holdings (NYSE and SIX: ZBH) has announced its participation in the upcoming Citi Global Healthcare Conference. The company's management team will engage in a fireside chat on December 5, 2024, at 8:45 a.m. ET. Investors and interested parties can access a live webcast of the presentation through Zimmer Biomet's Investor Relations website. The presentation will be archived for future viewing after the conference concludes.
Zimmer Biomet (NYSE: ZBH) has received CE Mark certification for its Persona® Revision Knee System, expanding its availability in European markets. The system, which leads the $700+ million U.S. knee revision market, offers personalized solutions for revision knee arthroplasty. It features Trabecular Metal™ Technology for improved implant fixation and bone in-growth, along with modular components that enable surgeons to address complex cases with greater precision. The system's anatomic components and instrumentation are designed to streamline revision surgery while allowing intraoperative adjustments for optimal alignment and fit.
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