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HEALTHCARE | Medical Devices & Equipment / Device Design & Manufacturing
synoste.com

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Founded Year

2012

Stage

Acquired | Acquired

Total Raised

$12.15M

Valuation

$0000 

About Synoste

Synoste is a medical device company that creates smart solutions for patient-friendly bone-lengthening and bone-deformation correction.On October 22nd, 2020, Synoste was acquired by Globus Medical. Terms of the transaction were not disclosed.

Synoste Headquarter Location

Metsänneidonkuja 6

Espoo, 02130,

Finland

+358 45 179 6300

Latest Synoste News

Synoste Oy was acquired by US-based Globus Medical for $23.5 million

Nov 9, 2020

M&A 03 November 2020 Synoste , an Espoo, Finland and Düsseldorf, Germany-based medical device company producing high technology implants for minimally invasive bone lengthening treatment, announced that it was acquired by the US-based Globus Medical. The deal was made for $23.5 million through Globus Medical' subsidiary, Globus Medical Ireland, Ltd, which acquired all of the outstanding equity of Synoste Oy. Globus Medical is a leading medical device manufacturer based in Pennsylvania, USA that develops, manufactures, and distributes musculoskeletal device solutions. Synoste, founded in 2012 by Juha Haaja and CEO Harri Hallila, developed a high-tech implant for a minimally invasive treatment of leg length discrepancy, which can lead to chronic back pain and osteoarthritis in the long term. The bone of the shorter leg is lengthened in a gentle way over a period of several months. Nordic 9

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Expert Collections containing Synoste

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Synoste is included in 1 Expert Collection, including Medical Devices.

M

Medical Devices

7,867 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

Synoste Patents

Synoste has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/30/2015

12/17/2019

Transformers (electrical), Wireless energy transfer, Electrical engineering, Radio electronics, Capacitors

Grant

Application Date

9/30/2015

Grant Date

12/17/2019

Title

Related Topics

Transformers (electrical), Wireless energy transfer, Electrical engineering, Radio electronics, Capacitors

Status

Grant

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