{"id":398158,"date":"2020-12-11T08:03:34","date_gmt":"2020-12-11T13:03:34","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=398158"},"modified":"2020-12-11T08:03:34","modified_gmt":"2020-12-11T13:03:34","slug":"djo-acquires-litecure-laser-therapy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/djo-acquires-litecure-laser-therapy\/","title":{"rendered":"DJO\u00ae Acquires LiteCure Laser Therapy"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>DJO\u00ae Acquires LiteCure Laser Therapy <\/b><\/p>\n<p class=\"bwalignc\"><i>Acquisition establishes Chattanooga\u00ae as the leader in high-power laser therapy<\/i><\/p>\n<p>DALLAS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nDJO, LLC (\u201cDJO\u201d or the \u201cCompany\u201d), a leading global provider of medical technologies to get and keep people moving, today announced the acquisition of LiteCure\u00ae, the market leader in therapeutic laser technology for human and animal health.\u200b This purchase further extends DJO\u2019s strength as the global market leader in recovery sciences and allows the company to deliver unparalleled innovation to its customers and their patients.\n<\/p>\n<p>\n\u201cThe LiteCure portfolio was a natural fit for the DJO Recovery Sciences business, bringing together a joint passion for innovation and clinically proven technology,\u201d said Brady Shirley, DJO CEO. \u201cThe acquisition will strengthen our leadership position in physical therapy and rehabilitation \u2013 and reinforces our commitment to keeping people active; enabling our customers to better serve their patients.\u201d\n<\/p>\n<p>\nDJO has long respected LiteCure\u2019s reputation as the market leader in laser light therapy and identified immediate synergies with its Chattanooga rehabilitation business. \u201cThe LiteCure portfolio complements and expands Chattanooga\u2019s innovative rehabilitation therapies,\u201d said Terry Ross, President, DJO Recovery Sciences. \u201cTogether, we will bring leading technologies and treatment modalities designed to enhance patient outcomes and practice efficiency to our customers around the world.\u201d\n<\/p>\n<p>\nLiteCure\u2019s products are marketed under the brand names of LightForce\u00ae Therapy Lasers for humans and Companion\u00ae for animals, which includes Pegasus\u00ae equine laser technology.\n<\/p>\n<p><b>LightForce <\/b>is the industry leader in medical therapy laser manufacturing and innovation, and continually seeks to move the industry forward through laser science, technology, and solutions. LightForce Therapy Lasers can be found in over 250 professional and college athletic training rooms and are the preferred modality when treating world-class athletes. With positive clinical results, high power lasers are one of the fastest growing modalities in physical therapy.\n<\/p>\n<p>\nIn addition, the <b>Companion<\/b> brand provides a strong entry point into the thriving animal health space and brings with it an accomplished, dedicated animal health team. DJO plans to leverage parts of its existing product portfolio to create an immediate impact in animal health while working with the team to explore incremental growth opportunities.\n<\/p>\n<p>\n\u201cWith DJO\u2019s expanded reach and resources, we are excited to increase awareness and adoption of deep tissue laser therapy,\u201d added Brian Pryor, Founder and CEO of LiteCure. \u201cWe are passionate about the clinical benefits of photobiomodulation as well as the benefits it brings to a practice when adding this modality.\u201d\n<\/p>\n<p>\nFor more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.djoglobal.com%2Flitecure&amp;esheet=52346911&amp;newsitemid=20201211005129&amp;lan=en-US&amp;anchor=djoglobal.com%2FLiteCure&amp;index=1&amp;md5=239cca4b8c3e8d385bea71a0d3cbc57f\">djoglobal.com\/LiteCure<\/a>, or contact your local <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fs3.amazonaws.com%2Fassets-chattanoogarehab.com%2Fus%2Fcms%2FChattanooga-RM-Territories.pdf&amp;esheet=52346911&amp;newsitemid=20201211005129&amp;lan=en-US&amp;anchor=sales+representative&amp;index=2&amp;md5=3118a2835aa283410528b9508ea3c9a6\">sales representative<\/a>.\n<\/p>\n<p><b>About DJO\u00ae<\/b><\/p>\n<p>\nDJO, a subsidiary of Colfax Corporation (NYSE: CFX), is a leading developer and distributor of high-quality medical devices that provide proven solutions for musculoskeletal health, joint reconstruction, vascular health, and pain management. The Company\u2019s extensive range of products and integrated technologies address the orthopedic continuum of care from performance and mobility to surgical intervention and post-operative rehabilitation; enabling people around the world to regain or maintain their natural motion. For additional information about DJO, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Furldefense.proofpoint.com%2Fv2%2Furl%3Fu%3Dhttps-3A__nam02.safelinks.protection.outlook.com_-3Furl-3Dhttp-253A-252F-252Fwww.djoglobal.com-252F-26data-3D02-257C01-257Cmike.macek-2540colfaxcorp.com-257Cf7254b9471794ec9798308d7c0c70bb3-257Cba47116b6e714c2789e43b4ad1994f4a-257C0-257C0-257C637189833446305826-26sdata-3DpQ9R4CtwTpqBcXQRtm5JgKyO4qGSqNwS-252Bc8gGbaP4Kg-253D-26reserved-3D0%26d%3DDwMGaQ%26c%3D4Bx6a6NavZHvhthD5OsPgG5rGl57OUNdZO9B_3JKTCw%26r%3DnoF5MHyOXix1AuZIijdgXHmF-qM54JcWkOHJrW5LMd8%26m%3DpyRLzMDr1Lr-m-OI9jpZMspG989JD4BL5Yp62cvr9FI%26s%3DZb5YzrlQUsVGCS9lYoynehcKeFd4P7exaurlbF1E95c%26e%3D&amp;esheet=52346911&amp;newsitemid=20201211005129&amp;lan=en-US&amp;anchor=www.DJOGlobal.com&amp;index=3&amp;md5=ec3b56f880011b9c9be5d60106bab877\">www.DJOGlobal.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201211005129r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201211005129\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201211005129\/en\/<\/a><\/span><\/p>\n<p>\nBrittany Knudson<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Brittany.knudson@djoglobal.com\">Brittany.knudson@djoglobal.com<br \/>\n<\/a><br \/>760.681.7785\n<\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Health Communications Medical Devices Technology General Health Hardware Public Relations\/Investor Relations<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201211005129\/en\/658139\/3\/DJO-2018-Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>DJO\u00ae Acquires LiteCure Laser Therapy Acquisition establishes Chattanooga\u00ae as the leader in high-power laser therapy DALLAS&#8211;(BUSINESS WIRE)&#8211; DJO, LLC (\u201cDJO\u201d or the \u201cCompany\u201d), a leading global provider of medical technologies to get and keep people moving, today announced the acquisition of LiteCure\u00ae, the market leader in therapeutic laser technology for human and animal health.\u200b This purchase further extends DJO\u2019s strength as the global market leader in recovery sciences and allows the company to deliver unparalleled innovation to its customers and their patients. \u201cThe LiteCure portfolio was a natural fit for the DJO Recovery Sciences business, bringing together a joint passion for innovation and clinically proven technology,\u201d said Brady Shirley, DJO CEO. \u201cThe acquisition will strengthen our leadership position in physical &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/djo-acquires-litecure-laser-therapy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DJO\u00ae Acquires LiteCure Laser Therapy&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-398158","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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