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Article: Globus Medical Announces Record Revenue for 2007.
- Article from:
- PR Newswire
- Article date:
- February 4, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AUDUBON, Pa., Feb. 4 /PRNewswire/ -- Globus Medical, Inc., the largest privately held spinal implant manufacturer in the world, today announced record revenue for the year ending December 31, 2007. The company recorded revenue of $123 million -- an increase of 50 percent over the $82 million it achieved in 2006.
The record revenue capped a series of significant milestones achieved by the Company during 2007. "This has been an outstanding year for Globus Medical. Our rapid growth has continued unabated, driven by the development of numerous innovative technologies at a pace unmatched in the industry, and the expansion of our distribution footprint to several new ...
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