Codman Neuro
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Codman Neuro - overview
Location
Raynham, MA, US
Primary Industry
Healthcare Specialists
About
Codman Neuro specializes in innovative neurosurgical products and solutions, enhancing surgical techniques and patient outcomes in neurology and cranial surgery. Codman Neuro operates within the neurosurgery sector, providing specialized medical devices to surgeons. It is a subsidiary of DePuy Synthes, part of Johnson & Johnson. Headquartered in Raynham, US, the company has established itself through strategic decisions to focus on advanced surgical solutions.
Founded by a team of medical device professionals, Codman Neuro has seen its product offerings evolve significantly over the years to meet the changing needs of healthcare providers and patients. DePuy Synthes, a subsidiary of Johnson & Johnson, specializes in a comprehensive range of orthopedic solutions aimed at enhancing patient care and improving surgical outcomes. Their product portfolio includes innovations in joint reconstruction, trauma, craniomaxillofacial surgery, spinal surgery, and sports medicine. Key offerings such as the ATTUNE™ Primary Knee System, TIGHT-N™ Anchor, and INHANCE™ Shoulder System are designed to address specific clinical needs, providing surgeons with advanced tools to improve patient mobility and recovery.
The ATTUNE™ Knee System, for instance, integrates extensive research to enhance functionality for patients and efficiency for healthcare providers. Their products are marketed globally, with a strong presence in North America, Europe, and Asia-Pacific, targeting healthcare providers, hospitals, and surgical centers that prioritize advanced medical technologies for orthopedic care. DePuy Synthes generates revenue through its diverse product offerings primarily within the healthcare sector, focusing on orthopedic surgeries. The company engages in business transactions primarily through direct sales to hospitals and healthcare professionals, as well as partnerships with medical distributors.
The revenue structure is based on transactional sales of surgical products, with significant emphasis on flagship innovations like the ATTUNE™ Knee System and INHANCE™ Shoulder System, which foster strong demand among orthopedic surgeons and healthcare facilities. By selling these products through both direct channels and authorized distributors, the company maintains a steady flow of transactions, aligning with the operational needs of its clients who seek state-of-the-art solutions for surgical procedures. Codman Neuro is actively working on developing upcoming products designed to enhance surgical precision and patient recovery times, with anticipated launches in the next year. The company aims to expand its market reach into emerging healthcare markets in Asia and South America by 2025, thereby increasing its global footprint.
Recent funding will be utilized to bolster research and development efforts, ensuring the timely introduction of innovative solutions to meet the demands of evolving surgical practices.
Primary Industry
Healthcare Specialists
Sub Industries
Chiropractic, Orthopedic & Physical Therapy
Website
www.depuysynthes.com
Total Amount Raised
Subscriber access only
Codman Neuro - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | CrossRoads Extremity Systems, LLC | - |
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