BIOVENTUS (Durolane)
ABOUT THE BRAND
With its main office located in Durham, NC in the US, Bioventus is a medical technology company that has been engaged in the development and commercialization of multiple products for treating patients who suffer from varying kinds of musculoskeletal conditions. Established back in 2012, the company has only shown progress and growth since then, with over 1,100 employees all over the world, with the company working in over 50 countries.
The company has many products and treatments under its belt, including EXOGEN, an Ultrasound Bone Healing System which uses safe and painless ultrasound waves to activate cells near the location of a break, as well as DUROLANE, a hyaluronic acid-based injection to help ease the pain that comes from osteoarthritis.
This year, Bioventus has also acquired Bioness Inc, a well-known player in the neuromodulation and rehabilitation space. They provide medical devices through their peripheral nerve stimulation therapy, as well as premium rehabilitation solutions. Bioventus reported revenue in fiscal year 2019 amounted to $340.14, which is a 6% increase from the previous period.
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