Credit: The OIC

Zeda, Inc., a global provider of AM services to several vertical industries including healthcare, has acquired The Orthopaedic Implant Company (OIC), a company – as the name implies – specializes in value-based implants.

This strategic acquisition is the confirmation that Zeda truly intends to expand and focus more on the manufacture of medical devices globally.

Commenting on the acquisition, Shri Shetty, CEO of Zeda, expressed excitement about the collaboration: “The acquisition of OIC represents a pivotal moment for Zeda. Its leadership in value-based implants perfectly complements our additive manufacturing technologies that can deliver high-quality orthopaedic devices and implants that are accessible to all patients, regardless of country and socioeconomic status. Together, our strengths and expertise will raise the standard of care globally and equitably for the world’s entire population.”

OIC’s expertise in value-based implants has set industry benchmarks in the US. With OIC aboard, Zeda will produce OIC’s time-tested implant designs, fortifying and accelerating its mission to provide accessible, high-value trauma implants to patients on a worldwide scale.

Itai Nemovicher, CEO and Co-Founder of The Orthopaedic Implant Company, also shared his perspective on the acquisition: “We are proud to join forces with Zeda, a company that shares in our values and dedication to advancing access to critical orthopaedic care because it can and should be done. Under Zeda, OIC will reach new heights in providing cost-effective, high-quality orthopaedic solutions in the US and abroad.”

Under the terms of the acquisition by Zeda, OIC will operate worldwide as a Zeda Health company.

The deal solidifies Zeda’s position in the global orthopaedic industry as a company developing and using leading design and manufacturing technologies that push device design forward while drastically improving affordability and access to excellent care.

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