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Zydus Lifesciences buys majority stake in French orthopedic firm Amplitude Surgical for €256.8M.
Zydus Lifesciences, an Indian pharmaceutical company, is acquiring an 85.6% stake in French orthopedic firm Amplitude Surgical for €256.8 million.
This move aims to expand Zydus' presence in the global medical technology market, especially in lower-limb orthopedics.
Amplitude Surgical, known for its knee and hip prostheses, posted sales of €106 million in the last fiscal year.
The acquisition will help Zydus leverage Amplitude's expertise and enhance its MedTech portfolio.
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Zydus Lifesciences compra participación mayoritaria en la firma ortopédica francesa Amplitud quirúrgica por 256,8 millones de euros.