Thursday, January 13, 2011
Globus Acquires Facet Solutions Assets
On January 12, 2011 Globus Medical the LARGEST privately held spinal implant company announced that it had acquired all of the assets of Facet Solutions based in Hopkinton, Massachusetts. Facet Solutions was another in the long line of "one trick pony" companies in the spine industry. Globus now inherits via its acquisition another pedicle screw based facet replacement system. In addition to the ACADIA System, Globus also acquired the intellectual property that once belonged to Archus. Who knows, this may be the year that THE BIG G attempts to go public? Based on their portfolio and the current state of healthcare do our bloggers believe that they will succeed or will they continue to be the LARGEST privately held company in the universe?