Orthofix Medical Inc
For the period ended Dec 31, 2023. Filed Mar 5, 2024.
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FY2023 · Filed Mar 5, 2024
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Item 2. Properties
We lease or own real property to support our business. The following lists those properties that we believe are material to our business. We believe that our facilities meet our current needs and that we will be able to renew any such leases when needed on acceptable terms or find alternative facilities.
| Facility | Location | Approx.SquareFeet | Ownership |
|---|---|---|---|
| Manufacturing, warehousing, distribution, research and development, location of a cadaveric training laboratory, and administrative facility for corporate functions and all reporting segments | Lewisville, TX | 140,000 | Leased |
| Design, development, marketing, and inspection for biologics and spinal implant products, distribution of certain Spinal Implant products, location of a cadaveric training laboratory, and administrative facility | Carlsbad, CA | 82,000 | Leased |
| Manufacturing and distribution for certain Biologics products | Irvine, CA | 70,000 | Leased |
| Manufacturing, warehousing, distribution, research and development, and administrative facility for Motion Preservation | Sunnyvale, CA | 25,000 | Leased |
| Design of Spinal Implants and location of a cadaveric training laboratory | Wayne, PA | 3,700 | Leased |
| Design, development, and marketing for Enabling Technologies products | Toronto, Canada | 9,200 | Leased |
| Research and development, component manufacturing, quality control and training facility for Orthopedics products and sales management, distribution and administrative facility for Italy | Verona, Italy | 38,000 | Owned |
| International distribution center for Orthopedics products | Verona, Italy | 18,000 | Leased |
| Mechanical workshop for Orthopedics products | Verona, Italy | 9,000 | Leased |
| Sales management, distribution and administrative facility for United Kingdom | Maidenhead, England | 5,580 | Leased |
| Sales management, distribution and administrative facility for Brazil | São Paulo, Brazil | 22,000 | Leased |
| Sales management, distribution and administrative facility for France | Arcueil, France | 8,500 | Leased |
| Sales management, distribution and administrative facility for Germany | Munich, Germany | 18,300 | Leased |
Our manufacturing facilities are registered with the FDA. Our facilities are subject to FDA inspection to ensure compliance with its Quality System Regulations. For further information regarding the status of FDA inspections, see the "Item 1. Business - Government Regulation."
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.