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Home » Wright Medical planning on exiting the large joint business – again
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Wright Medical planning on exiting the large joint business – again

July 12, 2016
By Amanda Pedersen
Wright Medical Group N.V. plans to sell its Tornier hip and knee business to Corin Orthopaedics Holdings Limited for roughly €29.7 million (US$33 million), marking the second time Wright has stepped out of the large joint business. The business represents just 5 percent of Wright's overall sales, the company noted. The sale is expected to close around the end of the third quarter or early in the fourth quarter.
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