HÄMEENLINNA, Finland,
Aug. 29, 2022 /PRNewswire/ -- Össur
has acquired Naked Prosthetics, a leading provider of durable,
custom and functional finger prostheses for finger and partial hand
amputees, with effect from 26 August
2022. The mechanical devices are individually designed to
mimic the natural motion of the finger.
The acquisition addresses a critical need for patients with
finger and partial hand loss, traditionally an underserved yet
growing population. It is a welcome addition to the Össur product
portfolio as it strengthens Össur's upper limb product offering
globally and allows Össur to address a broader group of amputees
seeking to live a Life Without Limitations.
The Company has around 70 employees and is located in the US, in
Olympia, Washington. In 2021,
Naked Prosthetics' sales amounted to USD 9
million.
The acquisition will not have an impact on the financial
guidance provided for the full year.
Sveinn Sölvason, President and CEO of Össur:
"Naked Prosthetics has developed functional and high-quality
finger prostheses that complement our product portfolio and add an
important range to our upper limb product offering. The acquisition
strengthens our global market position, and we are pleased to
welcome the employees of Naked Prosthetics to the Össur
team."
Bob Thompson, CEO of Naked
Prosthetics:
"Össur's global reach and expertise make them an obvious and
welcome next step for Naked Prosthetics' goal of getting more
finger amputees back to work and doing what they love. We are
excited to join forces with the Össur team and continue to grow the
partial-hand prosthetic market."
Further information
Edda Lára Lúðvígsdóttir, Investor Relations Director,
eludvigsdottir@ossur.com,
+3548444759
Össur press releases by e-mail
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register at http://www.ossur.com/investors
About Össur
Össur (Nasdaq Copenhagen: OSSR) is a global leader in
non-invasive orthopaedics that helps people live a Life Without
Limitations®. A recognized "Technology Pioneer" with a rich 50-year
history, Össur focuses on improving people's mobility through the
delivery of innovative technologies in Prosthetics and Bracing
& Supports. Significant investment in research and development
have led to over 2,000 patents, award-winning designs, successful
clinical outcomes, and consistently strong market positions. Össur
is signatory to the UN Global Compact, UN Women's Empowerment
Principles, contributes to the UN Sustainable Development Goals and
became Carbon Neutral in 2021. Össur operates globally and employs
around 4,000 employees. www.ossur.com
About Naked Prosthetics
Naked Prosthetics manufactures durable, custom, functional
finger prostheses specifically for finger and partial hand
amputees. The mission is to support people with finger amputation
and to positively impact their lives by providing functional,
high-quality finger prostheses. Naked Prosthetics' devices aim to
restore the user's ability to perform daily tasks, supporting job
retention and encouraging an active lifestyle.
www.npdevices.com
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