Zimmer Biomet signed a definitive agreement to acquire OrthoGrid Systems.
OrthoGrid Systems develops artificial intelligence-driven guidance for total hip replacement. The acquisition includes Hip AI and two more FDA-cleared orthopedic applications and more than 40 patents, according to an Aug. 7 news release..
OrthoGrid Systems' Hip AI system offers real-time image analysis, automated measurements of leg length and offset and guidance on cup placement. Surgeons can also use the system to align with their own workflows.
The transaction is expected to close by the end of the fourth quarter.