Synthes

Synthes Holding AG
FormerlySynthes-Stratec
Company typeSubsidiary
SIX: SYST
IndustryHealth care
Founded1999 (1999)
HeadquartersSolothurn, Switzerland (corporate), West Chester, Pennsylvania, United States (operational)
Key people
Michel Orsinger (president and CEO)
ProductsPhysical trauma, spine, craniofacial, mandible and chest implants, medical power tools, biomaterials
RevenueUS $3.687 billion (2010)[1]
US $1.283 billion (2010)[1]
US $907.7 million (2010)[1]
Total assetsUS $7.924 billion (end 2010)[1]
Total equityUS $6.739 billion (end 2010)[1]
Number of employees
11,430 (end 2010)[1]
ParentJohnson & Johnson
Websitesynthes.com

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] It is now part of their DePuy Synthes division.

  1. ^ a b c d e f "Annual Report 2010". Morningstar.com. Retrieved 9 May 2019.[permanent dead link]
  2. ^ Lundgren, Kari; Haigh, Adam (21 February 2008). "BAE Systems, BP, Reed Elsevier: U.K., Irish Equity Preview". Bloomberg. Archived from the original on 16 February 2015. Retrieved 2008-06-10.
  3. ^ "Forbes Profile: Hansjoerg Wyss". Forbes. n.d. Retrieved 9 May 2019.

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