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    Globus Medical, Inc. (GMED)

    24.37 Up 0.09(0.37%) Mar 2, 4:01PM EST
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    Globus Medical, Inc.
    2560 General Armistead Avenue
    Audubon, PA 19403
    United States - Map
    Phone: 610-930-1800
    Fax: 610-930-2042
    Website: http://www.globusmedical.com

    Index Membership:N/A
    Industry:Medical Appliances & Equipment
    Full Time Employees:900

    Business Summary 

    Globus Medical, Inc., a medical device company, focuses on the design, development, and commercialization of musculoskeletal implants that promote healing in patients with spine disorders. It offers approximately 120 products that address an array of spinal pathologies, anatomies, and surgical approaches. The company’s fusion products are used in cervical, thoracolumbar, sacral, and interbody/corpectomy fusion procedures to treat degenerative, deformity, tumor, and trauma conditions. Its disruptive technology products provide material improvements to fusion procedures, such as minimally invasive surgical techniques, as well as new treatment alternatives, which include motion preservation technologies, such as dynamic stabilization, total disc replacement and interspinous process spacer products, and advanced biomaterials technologies; and interventional pain management solutions, including treatments for vertebral compression fractures. The company has received pre-market approval for SECURE-C Cervical Artificial Disc; and conducting other clinical trials for ACADIA Facet Replacement System, a motion preserving anatomic reconstruction of the facet joint intended for the treatment of spinal stenosis, as well as TRIUMPH Lumbar Disc, a motion preserving disc replacement inserted obliquely into the disc space from a posterolateral approach to address posterior spinal pathology and maintain important anterior anatomical structures. Globus Medical, Inc. sells its implants and related disposables primarily to hospitals. The company markets and sells its products through sales representatives and independent distributors in the United States and internationally. Globus Medical, Inc. was founded in 2003 and is headquartered in Audubon, Pennsylvania.

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    Corporate Governance 
    Globus Medical, Inc.’s ISS Governance QuickScore as of Feb 1, 2015 is 9. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 10; Compensation: 7.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. David C. Paul , 48
    Co-Founder, Chairman, Chief Exec. Officer, Chairman of Compensation Committee and Chairman of Nominating & Corp. Governance Committee
    Mr. David M. Demski , 57
    Pres, Interim Chief Financial Officer, Chief Operating Officer, Director and Member of Nominating & Corp. Governance Committee
    Mr. David D. Davidar , 49
    Co-Founder, Sr. VP of Operations and Director
    Mr. A. Brett Murphy , 50
    Exec. VP of US Sales
    Mr. Steven M. Payne , 44
    Chief Accounting Officer
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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