Stocks / NASDAQ / Orthofix Medical Inc.

Orthofix Medical Inc.

Industry: Health Care – Medical/Dental Instruments

Stock Symbol: OFIX – NASDAQ

Animal Usage: Animal Testing

Our Opinion

Orthofix Medical Inc. is on the Cruelty Free Investing list for exploiting animals because the company does animal testing for some of their medical analysis and clinical research.

Supporting Evidence:

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

“We have sponsored independent research at the Cleveland Clinic, New York University and University of Medicine and Dentistry of New Jersey, where scientists conducted animal and cellular studies to identify the mechanisms of action of our PEMF signals on bone and efficacy of healing.” (Page 10) Read the full document

Company Description

Orthofix Medical Inc. is engaged in the research, development, and market of orthopedic solutions. It operates through the following business segments: BioStim, Biologics, Extremity Fixation, and Spine Fixation. The BioStim segment produces and sells devices for bone fusion enhancement in cervical and lumbar spine through the pulsed electromagnetic technology. The Biologics segment includes regenerative products. The Extremity Fixation segment manufactures and distributes orthopedic products for fracture repair, deformity correction, and bone reconstruction. The Spine Fixation segment develops and sells implant products for spine surgeries. The company was founded on October 19, 1987 and is headquartered in Willemstad, Netherlands. [Source: MarketWatch]

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

Contact: comments@orthofix.com; IR: http://ir.orthofix.com/contactus.cfm;