Orthofix acquires FITBONE Limb Lengthening System for $18M cash

Orthofix Announces Agreement to Acquire FITBONE Limb Lengthening System (press release)
Orthofix Medical Inc. (NASDAQ:OFIX), a global medical device company focused on musculoskeletal healing products, today announced an asset purchase agreement with Wittenstein SE, a privately-held German-based company, to acquire assets associated with the FITBONE® intramedullary lengthening system for limb lengthening of the femur and tibia bones. Additionally, the transaction brings other potential applications of the technology, which are in preliminary development, including the FITSPINE® sy...