Formerly | Synthes-Stratec |
---|---|
Company type | Subsidiary |
SIX: SYST | |
Industry | Health care |
Founded | 1999 |
Headquarters | Solothurn, Switzerland (corporate), West Chester, Pennsylvania, United States (operational) |
Key people | Michel Orsinger (president and CEO) |
Products | Physical trauma, spine, craniofacial, mandible and chest implants, medical power tools, biomaterials |
Revenue | US $3.687 billion (2010)[1] |
US $1.283 billion (2010)[1] | |
US $907.7 million (2010)[1] | |
Total assets | US $7.924 billion (end 2010)[1] |
Total equity | US $6.739 billion (end 2010)[1] |
Number of employees | 11,430 (end 2010)[1] |
Parent | Johnson & Johnson |
Website | synthes |
Synthes Holding AG (formerly Synthes-Stratec) is a multinational medical device manufacturer based in Solothurn, Switzerland and West Chester, Pennsylvania, United States. It is the world's largest maker of implants to mend bone fractures,[2] and also produces surgical power tools and advanced biomaterials.
In June 2012 Synthes was sold by its chairman, former CEO and largest shareholder Hansjörg Wyss to Johnson & Johnson for $20.2 billion.[3] The company is part of Johnson & Johnson MedTech business segment.[4]