WASHINGTON – The 14 Republican members of the Senate Finance Committee have voted to confirm Rep. Tom Price, R-Ga., as secretary for the Department of Health and Human Services, according to news reports.
DUDERSTADT, Germany – Ottobock has attracted interest from private equity firms, including KKR and CVC, according to Reuters. The firms are looking for a 20% stake in the company core business of making artificial limbs.
AUSTIN, Texas, and ORLANDO, Fla. – Ottobock and TaiLor Made Prosthetics have reached an agreement for Ottobock to be the exclusive distributor of the TaiLor Made prosthetic foot globally, starting in the United States.
AUSTIN, Texas – Ottobock North America has appointed Chris Nolan vice president of the orthotics business unit. He will help lead the company’s strategic efforts in O&P and provide guidance into growing new markets.
REYKJAVIK, Iceland – Össur and Ottobock have joined forces to fund breakthrough research in mind-controlled prosthetic limbs. The companies have contributed a combined $1 million to the Össur and Ottobock Research Trust Fund at the University of Iceland.
AUSTIN, Texas – Ottobock will partner with UNYQ to provide stylish prosthetics for lower limb amputees. UNYQ uses 3D printing to customize prosthetic fairings, according to a press release. The deal will allow Ottobock to expand its product portfolio.