X hits on this document

346 views

0 shares

0 downloads

0 comments

5 / 44

Orthopedics…Traveling in Style

In 1977, Dane A. Miller, Ph.D., Niles L. Noblitt, Jerry L. Ferguson, and M. Ray Harroff took a bold step and created Biomet, Inc., which began as a fledgling orthopedic company in an industry dominated by divisions of large pharmaceutical companies. The four young entrepreneurs aimed to provide patients with the highest quality and most clinically proven products in the marketplace.

In its first year, Biomet recorded sales of $17,000 with a net loss of $63,000. Nevertheless, the founders remained focused on their vision for the future of orthopedics. Over the years, Biomet set itself apart from the competition with a no-nonsense approach to management, as well as technological excellence and outstanding service. This enabled Biomet to grow quickly as a leader in the musculoskeletal marketplace. Clearly, Biomet has been rewarded for maintaining its original objectives. Biomet introduces approximately 100 new products each year and generates annual sales of $2 billion.

All four founders are still active with the Company. Dr. Miller serves as President and CEO, Mr. Noblitt is Chairman of the Board, Mr. Ferguson is Vice Chairman of the Board, and Mr. Harroff serves on the Board of Directors.

Biomet currently employs more than 6,000 team members across 18 manufacturing facilities throughout the world. Headquartered in Warsaw, Indiana, Biomet maintains manufacturing and/or office facilities in more than 50 locations worldwide. The Company distributes its products in more than 100 countries with more than 2,500 sales representatives servicing Biomet’s customers.

Advancements in orthopedics have created an increased interest for surgeon and patient education. Biomet Orthopedics’ independent distributors are always looking for innovative ways to meet this demand. Dan Kelley’s South Carolina distributorship, Millennium Medical Orthopedic Inc., recently introduced the Mobile Orthopedic Learning Center, which was manufactured by Foretravel. The 40-foot coach is uniquely equipped to educate surgeons and any interested groups or organizations in a fun and informal setting. According to Jeff Chillag, marketing director for Millennium Medical, more than 2,500 people have benefited from this educational opportunity since the mobile learning center’s introduction in June of this year.

Inside this state-of-the-art coach, implants and surgical instruments for hip, knee, and shoulder joint replacements are also on display for easy viewing. Additionally, a complete audiovisual system with Internet access is available for advanced education. The rear of the coach houses the Bio Skills training lab designed for specialized training of surgeons and their assistants. University of South Carolina surgical residents and other prospective surgeons have already utilized the lab. The coach offers visitors the chance to experience the same setting where surgeons and healthcare professionals receive training.

Biomet is an engineering-driven company dedicated to providing surgeons and patients with technologically advanced products, along with unparalleled service. The Biomet team believes the mobile learning center will continue to provide a great experience for surgeons, patients, and others who are interested in learning more about orthopedics and Biomet’s broad range of products addressing the estimated $5.4 billion orthopedic reconstructive device market in the United States.

The coach is equipped with an outside auditorium that can accommodate large groups for audiovisual presentations, as well as “hands-on” product displays.

see you down the road… 5

Document info
Document views346
Page views346
Page last viewedFri Dec 09 04:34:23 UTC 2016
Pages44
Paragraphs1041
Words17834

Comments