Stocks / NYSE / Globus Medical, Inc.

Globus Medical, Inc.

Industry: Health Care – Medical/Dental Instruments

Stock Symbol: GMED – NYSE

Animal Usage: Animal Testing

Our Opinion

Globus Medical, Inc. is on the Cruelty Free Investing use of animals list because they conduct Pre-clinical studies of their drugs on animals to assess a product’s safety profile.

Supporting Evidence:

The company stated in the following article that they conduct pre-clinical trials of their drugs on animals.

“Globus and FDA maintained an ongoing dialogue regarding NuBone’s regulatory status including two 510(k) submissions with substantial animal data.” Read the following article

Company Description

Globus Medical, Inc. is a medical device company, which focuses on developing products that promote healing in patients with musculoskeletal disorders. The company also focuses on products to treat patients with spine disorders. Its products fall into two categories: Innovative Fusion and Disruptive Technologies. The Innovative Fusion products comprise fusion products to treat a wide variety of spinal disorders for the entire spine and can be used in a variety of surgical approaches. The Disruptive Technologies as those that represent a significant shift in the treatment of spinal disorders by allowing for novel surgical procedures, improvements to existing surgical procedures and the treatment of spinal disorders earlier in the continuum of care. Globus Medical was founded by David Paul, David M. Demski and David D. Davidar in March 2003 and is headquartered in Audubon, PA. [Source: MarketWatch]

Company Website: http://www.globusmedical.com

Contact: http://www.globusmedical.com/contact;