Zimmer is a world-class total joint company that has tried to diversify into spine over and over again... and failed. Hindsight says that they should have focused on joints.
Let's look at the history of missteps with spine.
2003 -Zimmer acquires the old SpineTech business (MN) through the Centerpulse acqusition.
2008 - Zimmer acquires the Spinal Concepts business from Abbott Spine.
2014 - Zimmer acquires Lanx as part of the Biomet merger
2016 - Zimmer acquires LDR Spine
2022- Zimmer spins out Spine business and Dental business as new public company - ZimVie. Never profitable. Stock tanks...
