July 30, 2014 10:12 PM ET

Healthcare Equipment and Supplies

Company Overview of Wright Medical Technology, Inc.

Company Overview

Wright Medical Technology, Inc. designs, manufactures, and sells orthopedic implants and instrumentation to customers worldwide. Its products include large joint implants for hip and knee; extremity implants for shoulder, elbow, hand, wrist, and foot; ankle, oncology, and spine products; and biologic products, such as bone graft substitutes. The company sells its products through distributors in the United States and Canada. Wright Medical Technology, Inc. was formerly known as Dow Corning Wright and changed its name to Wright Medical Technology, Inc. in 1993. The company was founded in 1950 and is headquartered in Arlington, Tennessee. Wright Medical Technology, Inc. operates as a subsidiar...

5677 Airline Road

Arlington, TN 38002

United States

Founded in 1950

Phone:

901-867-9971

Fax:

901-867-9534

Key Executives for Wright Medical Technology, Inc.

Chief Executive Officer
Age: 70
Chief Financial Officer and Senior Vice President
Age: 42
Chief Operating Officer and Executive Vice President
Age: 54
President of Extremities - Biologics
Age: 43
President of Orthorecon
Age: 43
Compensation as of Fiscal Year 2014.

Wright Medical Technology, Inc. Key Developments

EDGE Approves Wright Medical Technology to Move into Memphis

The Economic Development Growth Engine of Memphis-Shelby County board awarded Wright Medical Technology a 15-year retention PILOT to move its corporate headquarters from Arlington to 1023 Cherry Road.

Wright Medical Technology, Inc. Announces Lawsuit Update

Kent Klaudt, an injury lawyer at the national plaintiffs' law firm Lieff Cabraser Heimann & Bernstein, LLP, announced that Lieff Cabraser released a video on the injuries suffered by hip replacement patients who received the Profemur Z hip made with titanium metal alloy, manufactured by Wright Medical Technology, Inc. While Wright Medical never issued a recall of its Profemur Z titanium hip implant, far too many patients implanted with the device prior to 2009 have suffered complete failure of the device, requiring often painful revision surgery. Wright Medical marketed the Profemur Z hip replacement system as being a more durable product than other artificial hip implants, and one especially suited for persons with active lifestyles. Injury lawsuits against Wright Medical charge that as early as the year 2000, when Wright Medical first sold the Profemur Z system with a titanium neck, the company was aware that its titanium components would present an unreasonably high risk of fracture and failure, particularly in physically active and/or heavier persons.

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