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Wright, MicroPort Deal Signals Shifts In Global Ortho Industry

Wright, by selling its hip-and-knee reconstruction business, is abandoning the stagnant U.S. large-joint sector, choosing instead to tie its future to the faster growing extremities market. Shanghai-based MicroPort, meanwhile, is looking to compete in China’s growing large-joint market.

Shanghai-basedMicroPort Scientific Corp.’s move to acquire the hip-and-knee implant business of Wright Medical Group NV reflects the shifting dynamics in the global orthopedics industry.

Wright, by selling its hip-and-knee reconstruction business for $290 million, is abandoning the stagnant U.S. large-joint sector, choosing instead to tie its future to the faster growing extremities market. The...

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