Biomet was founded by Dane A. Miller, Ray Harroff, Niles Noblitt, and Jerry Ferguson in 1977 to manufacture and market medical products and devices.
The company was acquired in 2007 by a group of private equity investors and taken private after having traded on the NASDAQ. The company continues to operate as Biomet but the name was changed to LVB Acquisitions after the acquisition.
Today Biomet makes medical devices including hip, knee, and shoulder reconstructive products, dental implants, bone cement systems, orthopedic support devices, operating room supplies, electrical bone-growth stimulators, bone grafting materials, and fixation devices such as bone screws and pins.
Biomet is #719 in the Fortune 1000, is #142 in the Forbes list of America’s Largest Private Companies, has 9,200 employees, and had $3.22 billion in revenue in 2014.
BiometBiomet was founded by Dane A. Miller, Ray Harroff, Niles Noblitt, and Jerry Ferguson in 1977 to manufacture and market medical products and devices.
The company was acquired in 2007 by a group of private equity investors and taken private after having traded on the NASDAQ. The company continues to operate as Biomet but the name was changed to LVB Acquisitions after the acquisition.
Today Biomet makes medical devices including hip, knee, and shoulder reconstructive products, dental implants, bone cement systems, orthopedic support devices, operating room supplies, electrical bone-growth stimulators, bone grafting materials, and fixation devices such as bone screws and pins.
History
Biomet is #719 in the Fortune 1000, is #142 in the Forbes list of America’s Largest Private Companies, has 9,200 employees, and had $3.22 billion in revenue in 2014.