| Business Summary | | Wright
Medical
Group
Inc.
(Wright)
is
a
global
orthopaedic
device
company
specializing
in
the
design,
manufacture
and
marketing
of
reconstructive
joint
devices
and
bio-orthopaedic
materials.
Reconstructive
joint
devices
are
used
to
replace
knee,
hip
and
other
joints
that
have
deteriorated
through
disease
or
injury.
Bio-orthopaedic
materials
are
used
to
replace
damaged
or
diseased
bone
and
to
stimulate
natural
bone
growth.
Within
these
markets,
Wright
focuses
on
the
higher-growth
sectors
of
advanced
knee
implants,
bone-conserving
hip
implants,
revision
replacement
implants
and
extremity
implants,
as
well
as
on
the
integration
of
the
Company's
bio-orthopaedic
products
into
reconstructive
joint
procedures
and
other
orthopaedic
applications.
The
Company
offers
products
in
four
primary
market
sectors:
reconstructive
knees,
hips
and
extremities,
and
bio-orthopaedic
materials. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WMGI
is
a
global
device
company
specializing
in
the
design,
manufacture
and
marketing
of
orthopaedic
implants
and
bio-orthopaedic
materials
used
in
joint
reconstruction
and
bone
regeneration.
For
the
six
months
ended
6/30/01,
net
sales
rose
8%
to
$87.7
million.
Net
loss
applicable
to
Common
fell
84%
to
$3.4
million.
Revenues
reflect
unit
sales
growth
in
the
knee,
extremity,
and
bio-orthopaedic
product
lines.
Lower
losses
also
reflect
higher
gross
product
margins. | More
from
Market Guide: Significant
Developments |
| Officers | | F. Barry
Bays,
Pres./CEO James
T. Treace,
Chmn. John
K. Bakewell,
Exec. VP/CFO Joyce
B. Jones,
VP-Fin./
Contr. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|