Globus Medical Inc - Company Profile

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Globus Medical Inc (Globus) is a medical device company that develops and commercializes healthcare solutions for people with musculoskeletal disorders. The company offers implantable devices, biologics, accessories and surgical instruments used for various spinal, orthopedic and neurosurgical procedures. Its major products include ankle fracture systems, vertebral augmentation system, cannula kit, clavicle fracture system, distal radius fracture system, proximal tibia fracture system and small fragment fracture system. It also offers computer-assisted intelligent systems that are designed to improve surgeon’s capabilities and streamline surgical procedures. Globus also serves in hospitals, ambulatory surgery centers and physicians. The company distributes products directly and also through a network of distributors in the US and other countries. Globus is headquartered in Audubon, Pennsylvania, the US.

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Headquarters United States of America

Address 2560 General Armistead Ave, Audubon, Pennsylvania, 19403-5214


Telephone 1 610 9301800

No of Employees 5,000

Industry Medical Equipment

Ticker Symbol & Exchange GMED (NYSE)

Revenue (2022) $1.6B 53.3% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -35.4% (2022 vs 2021)

Market Cap* $7.0B

Net Profit Margin (2022) XYZ -57.9% (2022 vs 2021)

* As of and is in US$
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Globus Medical Inc premium industry data and analytics

20+

Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

4

Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Globus Medical Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Brands
Spine: Conduct
Lateral Retrieve
Anterior Lumbar H-Link
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Regulatory Approval In November, the company received FDA approval for its VICTORY lumbar plate system.
2023 Acquisitions/Mergers/Takeovers In September, the company merged with NUVASIVE.
2023 Regulatory Approval In May, the company received FDA approval for its non-fusion scoliosis correction system, a advancement for young patients with idiopathic scoliosis.
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Competitor Comparison

Key Parameters Globus Medical Inc Medtronic Plc DePuy Synthes Inc Zimmer Biomet Holdings Inc Smith & Nephew Plc
Headquarters United States of America Ireland United States of America United States of America United Kingdom
City Audubon Dublin Warsaw Warsaw Watford
State/Province Pennsylvania - Indiana Indiana England
No. of Employees 5,000 95,000 18,000 18,000 18,452
Entity Type Public Public Private Public Public
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Executives
Name Position Board Since Age
David C. Paul Chairman Executive Board 2017 56
Daniel T. Scavilla Chief Executive Officer; Director; President - Trauma Executive Board 2018 58
Keith W. Pfeil Chief Financial Officer; Chief Operating Officer Senior Management 2024 44
Kelly G. Huller Senior Vice President; Secretary; General Counsel Senior Management 2018 51
Daniel Lemaitre Director Non Executive Board 2011 69
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Non Dignissim Eros Proin vel Convallis 2024 XY
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