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Corin Group acquires OMNI Orthopedics
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With the backing of Permira funds, Corin Group has acquired OMNI Orthopedics, a manufacturer of devices for robotic-assisted total knee replacement.
“We are delighted to welcome the innovative and talented OMNI team into the Corin global family. We look forward to working together as a combined organization to further develop our presence in the world’s largest market – the United States,” Stefano Alfonsi, Corin CEO, said in a company press release. “With the combination of Corin’s unique Optimised Positioning System for the hip and the OMNIBotics platform for the knee, Corin is now uniquely positioned to address functional patient-specific joint replacement.”
OMNI’s OMNIBotics total knee replacement is an imageless solution that combines a robotic cutting guide with a robotic tool to measure ligament function. According to the release, the system allows tailoring of the implant position to each individual patient, resulting in reduced pain and faster rehabilitation.
“It is the perfect time to be part of a larger organization that shares our dedication to improving the lives of individual patients through technological innovation,” Rick Epstein, the CEO of OMNI, said in the release. “We are thrilled to be joining Corin to maximize the potential of our robotic solutions, adding another unique technology to their ecosystem.”
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