In Brief: Danninger Medical
This article was originally published in The Gray Sheet
Executive Summary
Danninger Medical: Changes name to Cross Medical Products effective March 21. The change follows OrthoLogic's purchase of Danninger's continuous passive motion (CPM) business ("The Gray Sheet" March 17, In Brief). Cross Medical will focus solely on the spinal implant market. Danninger had 1996 sales of $18 mil., half from Cross Medical and half from Danninger's continuous passive motion business. The company will trade under the NASDAQ symbol "CRSS"...