Financial/Business

Globus Medical Acquires Higgs Boson Health

The deal will augment the company's AI-driven digital solutions.

Globus Medical Inc. is purchasing Higgs Boson Health, a digital healthcare experience company based in Durham, N.C. and incubated out of Duke University. Neither firm disclosed the deal’s financial terms.

“Higgs Boson employs highly experienced teams of software developers and AI scientists who will be joining our team to power our vision of a seamless digital healthcare environment to simplify a patient’s journey through our healthcare system while enhancing real-time information and surgical intelligence available to healthcare providers with the ultimate goal of getting to 95% good outcomes at 10 years for all musculoskeletal surgeries,” Globus Medical Founder/Executive Chairman David Paul said.

With a mission to transform healthcare experience through digital innovation, Higgs Boson will position Globus Medical to shape patient and provider experience throughout the full episode of care, executives claim.

“The acquisition of Higgs Boson and its digital solutions represents the next step in our strategy of enhancing the Globus ecosystem,” Globus Medical President/CEO Keith Pfeil stated. “As we continue to build out the ecosystem, the Higgs Boson technology will be part of our surgical intelligence pillar, bringing together outcomes and analytics in a closed-loop manner that fosters continuous learning, integrating along the full patient journey with the goal of improving patient outcomes.”

Globus Medical Inc. is a global musculoskeletal technology company solving unmet clinical needs by providing education and clinical support, and advancing care throughout spine, orthopedic trauma, joint reconstruction, biomaterials, and enabling technologies.

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