WARSAW, Ind., March 19 /PRNewswire-FirstCall/ -- Ray Elliott, chairman and chief executive officer of Zimmer Holdings, Inc., (NYSE: ZMH), has been named to the board of trustees of the Orthopaedic Research and Education Foundation (OREF) and the board of directors of the Advanced Medical Technology Association (AdvaMed). Additionally, AdvaMed has asked Elliott to chair its Orthopaedics sector, which was created to address regulatory, reimbursement, and other issues affecting technologies in that area.
"AdvaMed and OREF offer outstanding opportunities to contribute to Orthopaedics. Both are leading organizations in their respective areas," said Elliott. "AdvaMed is the premier advocacy organization for our industry, and OREF is critical to the ongoing flow of research funds for improving orthopaedic science and practice."
OREF was formed in 1955 by the leaders of major orthopaedic professional organizations to support the advancement of knowledge concerning the prevention and treatment of conditions affecting the musculoskeletal and related systems, and to advance the maintenance of the general physical well being of orthopaedic patients. OREF awards more than $3 million annually in more than 100 grants for clinical and basic science research in orthopaedics.
AdvaMed is the largest medical technology association in the world. It represents more than 1,100 innovators and manufacturers of medical devices, diagnostic products and medical information systems. AdvaMed's mission is to advocate for a legal, regulatory and economic climate that advances global health care by assuring worldwide patient access to the benefits of medical technology.
Zimmer, based in Warsaw, Indiana, is a global leader in the design, development, manufacture and marketing of reconstructive orthopaedic implants and fracture management products. Orthopaedic reconstruction implants restore joint function lost due to disease or trauma in joints such as knees, hips, shoulders and elbows. Fracture management products are devices used primarily to reattach or stabilize damaged bone and tissue to support the body's natural healing process. Zimmer also manufactures and markets other products related to orthopaedic and general surgery. For the year 2001, Zimmer recorded worldwide revenues of approximately $1.2 billion. Zimmer was founded in 1927 and has more than 3,400 employees worldwide.
Visit Zimmer on the Worldwide Web at www.zimmer.com