>Formation of Small Bone Innovations Deutschland GmbH increases SBi’s market presence in Germany, one of Europe’s largest SB&J markets
>Addition to senior management team enhances SBi’s ability to realize the significant opportunity in international SB&J markets
>Completes the sale of all manufacturing facilities & reduces operating costs
Yahoo! Buzz Print NEW YORK–(BUSINESS WIRE)–Small Bone Innovations, Inc., (SBi), a single-source provider of innovation, products, technology and education for the small bone & joint (SB&J) sector of the orthopedics industry, announced that it has taken several steps to expand and strengthen its international presence.
Acquired German Distribution Channel
SBi recently acquired its German distributor and established Small Bone Innovations Deutschland GmbH (SBi Deutschland). It is based in Donaueschingen, which is conveniently located less than 80 miles from both Stuttgart and Zurich. SBi is in the process of re-launching the Scandinavian Total Ankle Replacement (S.T.A.R.) under the SBi brand, and has already scheduled the first surgeries in Germany and Italy. SBi Deutschland has acquired new customers for S.T.A.R. as well as other SBi products. It has also expanded its distribution network in Germany by contracting with an additional independent sales agent.
Anthony G. Viscogliosi, Chairman & CEO of SBi, said: âWith our business in France continuing to grow strongly and becoming further entrenched, we are now focusing our efforts to further raise our market presence in Germany.â