Bioventus to expand Memphis operations
Bioventus will expand its existing operations in Memphis, investing $9.1 million and creating 40 jobs in the next five years. Headquartered in Durham, N.C., the global medical device manufacturer will be able to meet its growing customer demands as well as add to its overall product portfolio, which focuses on medical product development around three segments: pain treatments, restorative therapies and surgical solutions. This year, products from Bioventus will help more than 500,000 people regain active lifestyles. Established in 2012, Bioventus is a global leader of innovations for active healing. Today, the company employs more than 1,100 people worldwide through its offices in Tennessee, North Carolina, California, New York, Israel, Canada and the Netherlands, where the company runs its international headquarters.