Globus Medical Inc. (GMED)
Summary
GMED Stock Surges 43.6% in a Year: What's Driving the Rally?
Globus Medical's 43.6% one-year rally is fueled by strong growth across both business segments, rising technology adoption and a debt-free balance sheet.
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Globus Medical Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 9,384 | $505,149.64 | $734,954.88 | $229,805.24 | 45.49% |
| JJT John J. Terril TERRIL BROTHERS Inc. | 53,915 | $2.68M | $4.22M | $1.54M | 57.6% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 300 | $26,193 | $23,496 | -$2,697 | -10.3% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 133 | $11,462.73 | $10,397.27 | -$1,065.46 | -9.29% |
 Farallon Capital Farallon Capital Management LLC | 4,000 | $236,080 | $312,920 | $76,840 | 32.55% |
Globus Medical Inc. (GMED) FAQ
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Globus Medical Inc. Profile
| Health Care Equipment & Supplies Industry | Healthcare Sector | Keith W. Pfeil CEO | NYSE Exchange | 379577208 CUSIP |
| US Country | 6,000 Employees | - Last Dividend | - Last Split | 3 Aug 2012 IPO Date |
Overview
Globus Medical, Inc. is a prominent medical device company focused on innovating healthcare solutions for patients dealing with musculoskeletal disorders, serving both the United States and international markets. Since its inception in 2003, Globus Medical has been at the forefront of developing a wide range of medical devices aimed at improving the quality of life for patients suffering from a variety of conditions, including degenerative and congenital disorders, deformities, tumors, and trauma injuries. With its headquarters located in Audubon, Pennsylvania, Globus Medical has established a strong global presence, distributing its products through a mix of direct sales, distributor representatives, and independent sales agents.
Products and Services
Globus Medical, Inc. offers an extensive portfolio of products and solutions across multiple domains within the musculoskeletal treatment spectrum:
- Spine Products: This category includes traditional fusion implants like pedicle screw and rod systems, plating systems, intervertebral spacers, and corpectomy devices designed for treating a range of conditions from degenerative diseases to trauma injuries. Additionally, motion preservation technologies such as dynamic stabilization, total disc replacement, and interspinous distraction devices are available for patients seeking alternatives to traditional spine fusion procedures.
- Interventional Solutions: Aimed at treating vertebral compression fractures, the company offers a variety of minimally invasive options that cater to this common yet painful consequence of osteoporosis and other conditions leading to weakened bones.
- Regenerative Biologic Products: In pursuit of aiding the body's natural healing process, Globus Medical provides an assortment of regenerative products including both allografts (donated human tissue) and synthetic alternatives, enabling a broad range of applications from bone growth to tissue repair.
- Orthopedic Trauma: For treating injuries related to trauma, the company offers a comprehensive suite of products including fracture plates, compression screws, intramedullary nails, and external fixation systems, facilitating the proper alignment and stabilization needed for effective healing.
- Hip and Knee Joint Solutions: Focusing on joint replacement, Globus Medical provides modular hip stems and acetabular cups for hip surgeries, along with posterior stabilizing and cruciate retaining knee arthroplasty implants for knee replacement surgeries. These options offer customized solutions designed to meet the varying needs of patients undergoing joint replacement procedures.
Apart from its direct contribution to improving patient outcomes with its products, Globus Medical also engages in the distribution of human cell, tissue, and cellular and tissue-based products, leveraging its extensive network to facilitate availability across its served markets.
