Healthcare Equipment and Supplies
Company Overview of Medtronic Sofamor Danek USA, Inc.
Medtronic Sofamor Danek USA, Inc. operates as a subsidiary of Medtronic Inc.
1800 Pyramid Place
Memphis, TN 38132
Key Executives for Medtronic Sofamor Danek USA, Inc.
Compensation as of Fiscal Year 2014.
Medtronic Sofamor Danek USA, Inc. Key Developments
RTI Surgical Inc. Enters into Distribution Agreement with Medtronic Sofamor Danek USA, Inc
Oct 18 13
RTI Surgical Inc. entered into a distribution agreement with Medtronic Sofamor Danek USA, Inc., pursuant to which Medtronic will distribute certain allograft implants for use in spinal, general orthopaedic and trauma surgery. Under the terms of the agreement, Medtronic will be a non-exclusive distributor except for certain specified implants for which Medtronic will be the exclusive distributor. Medtronic will maintain its exclusivity with respect to these specified implants unless the cumulative fees received by RTI Surgical Inc. from Medtronic in respect of these specified implants decline by a certain amount during any trailing 12-month period. The initial term of the agreement will continue through December 31, 2017, unless earlier terminated in accordance with the agreement. This initial term will automatically renew for successive five-year periods, unless either party provides written notice of its intent not to renew at least one year prior to the expiration of the initial term or the applicable renewal period. The agreement supersedes and replaces prior distribution agreement with Medtronic which would have expired in accordance with its terms in June 2014. The agreement specifies the transfer fees for implants through the end of 2013 and for 2014 such fees shall be adjusted in accordance with the fee schedule. In addition, the agreement contemplates the continued joint-development of new implants between RTI Surgical Inc. and Medtronic.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|
Most Searched Private Companies
Sponsored Financial Commentaries