Ossur
Company

Last deal

$502.2K
Local Amount - GBP 400K

Amount

Grant

Stage

06.09.2023

Date

2

all rounds

$713.3K

Total amount

General

About Company
Ossur provides non-invasive mobility solutions.

Industry

Sector :

Subsector :

Also Known As

Össur

founded date

01.01.1971

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

The Icelandic company is a global leader in developing, manufacturing, distributing, selling, and marketing high-tech orthotic and prosthetic devices. It has offices in North America, Europe, and the Nordic region, and a considerable distribution network in other markets. Ossur allocates an industry record of 6-8 percent of its revenue on medical technology research and development, and provides extensive education programs through the Ossur Academy. The company also sponsors community outreach programs and non-profit organizations. Ossur's products improve mobility through technologies in the field of braces, supports, prosthetic limbs, and compression therapy. Its segments are the Bracing & Support and Prosthetics segment, and its geographical segments are the Americas, EMEA, and APAC, of which the Americas generates nearly half of the company's revenue.
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