About Biomet
Biomet is a company based in Warsaw (United States) founded in 1977 was acquired by Zimmer Biomet in April 2014. The company has 10 employees as of April 04, 2024. Biomet has completed 3 acquisitions, including Cartilix, Interpore Cross and Lanx. Biomet offers products and services including Z1™ Triple-Taper Hip System, ROSA® Robotics, Persona IQ®, and mymobility® Care Management Platform. Biomet operates in a competitive market with competitors including Treace Medical Concepts, Bioretec, IlluminOss Medical, Loci Orthopaedics and Wright Medical, among others.
- Headquarter Warsaw, United States
- Employees 10 as on 04 Apr, 2024
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Sectors
Healthcare
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Phone
Locked
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Website
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Social
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- Legal Name Biomet Orthopaedic India Private Limited
- Date of Incorporation 01 Oct, 2009
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$9.21 M (USD)11.72as on Mar 31, 2017
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Net Profit
$201.91 K (USD)-25.76as on Mar 31, 2017
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EBITDA
$1.42 M (USD)1.41as on Mar 31, 2017
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Latest Funding Round
Not available
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Investors
Goldman Sachs
& 5 more
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Employee Count
10
as on Apr 04, 2024
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Investments & Acquisitions
Cartilix
& 2 more
- Acquired by
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Products & Services of Biomet
Biomet offers a comprehensive portfolio of products and services, including Z1™ Triple-Taper Hip System, ROSA® Robotics, Persona IQ®, and mymobility® Care Management Platform.
Implant for hip replacement to improve mobility and stability.
Robotic platform for precise orthopedic surgical assistance.
AI tool for monitoring patient recovery post-surgery.
Platform for managing patient care and rehabilitation remotely.
People of Biomet
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Software Development Team
170 people
Sales and Marketing
120 people
Leadership Team
79 people
Finance and Accounting
35 people
Human Resources and Administration
29 people
Operations Team
26 people
Product Management Team
21 people
Senior Team
16 people
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Funding Insights of Biomet
Investors in Biomet
Biomet has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, KKR and Blackstone.
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Mid-market companies are invested in by this private equity firm.
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Investment banking services are delivered across multiple financial sectors.
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Diversified investment management is provided across multiple asset classes.
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Investor details for Biomet
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Investments & Acquisitions by Biomet
Biomet has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Cartilix, Interpore Cross and Lanx.
Investment portfolio details for Biomet
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cartilage regeneration technologies for knee repair are developed by Cartilix.
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Sells lanyards, badge holders, and accessories for identification protection.
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Develops a portfolio of Orthopedic products
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Complete acquisition details for Biomet
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Financial Statements - Biomet
Detailed financials for Biomet
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- Profit trends
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Biomet Comparisons
Peer comparison for Biomet
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- Named peers
- Headcount comparison
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Competitors of Biomet
Biomet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Treace Medical Concepts, Bioretec, IlluminOss Medical, Loci Orthopaedics and Wright Medical, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Orthopedic foot and ankle correction systems are developed and offered.
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Provider of bioabsorbable, bioactive and drug-releasing surgical implants
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Minimally invasive orthopedic systems for bone fracture stabilization are developed.
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Thumb implant for thumb base arthritis
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Orthopedic medical devices for upper and lower extremities are developed.
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Detailed competitors of Biomet
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Latest news on Biomet
Complete news archive for Biomet
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- Full article archive
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Frequently Asked Questions about Biomet
Biomet was founded in 1977 and raised its 1st funding round 30 years after it was founded.
Biomet is headquartered in Warsaw, United States.
As of Apr 04, 2024, the latest employee count at Biomet is 10.
Annual revenue of Biomet is $9.21M as on Mar 31, 2017.
The company was founded in 1977 in Warsaw, United States, and operates in the medical devices sector, focusing on orthopedics. Surgical and non-surgical products are designed, manufactured, marketed, and distributed, including knee and hip reconstructive items, sports medicine and trauma solutions, spine and bone healing devices, neurosurgical tools, dental reconstructive products, and bone cement. An acquisition by Zimmer occurred in 2014, resulting in the formation of Zimmer Biomet.
Biomet's top competitors include Treace Medical Concepts, Loci Orthopaedics and Bioretec.
Biomet offers Z1™ Triple-Taper Hip System, ROSA® Robotics, Persona IQ®, and mymobility® Care Management Platform.
Biomet has made 3 acquisitions, including Cartilix, Interpore Cross, and Lanx.
Biomet has 6 investors. Key investors include Goldman Sachs, KKR, Blackstone, TPG, and Zimmer Biomet.