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450 Commack Road
Deer Park, NY 11729 USA
phone:
(800) 645-5520
fax:
(714) 630-4987 |
| Symbol |
GAIT |
| Exchange |
Nasdaq |
| Founded |
2001 |
| Employees |
328 |
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 www.langerbiomechanics.com |
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| Research Sector |
Medical Devices & Tech |
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| Summary Description |
| Products for the orthopedic, orthotic and prosthetic markets
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| Management |
| Gray Hudkins, President & CEO; Joseph P. Ciavarella, VP & CFO; Kathryn Kehoe, Sr VP of Operations and Strategy |
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| Keywords |
| Orthopedics, spine, ortho joint, reconstruction, ortho joint, reconstruction |
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Description |
| Langer, together with its wholly owned subsidiary Silipos, Inc., designs, manufactures and distributes medical products for the orthopedic, orthotic and prosthetic markets. The company operates in two segments, Orthopedics and Skincare. |
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| Products / Services |
Langer's Orthopedic segment offers a line of more than 500 orthopedic products, including custom foot and ankle orthotic devices, prefabricated foot products, rehabilitation products, and gel-based orthopedic and prosthetics products for patients to correct, protect and heal.
A line of over 50 skincare products includes scar management products and gel-based therapeutic gloves and socks, designed to improve skin appearance and transmit moisture agents, vitamins and nutrients to the skin.
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| Market / Customers |
Langer markets its products to podiatrists, orthopedists, orthopedic surgeons, dermatologists, cosmetic and plastic surgeons, occupational and physical rehabilitation professionals, prosthetists, orthotists and other healthcare professionals.
They sell their products primarily in the United States and Canada, as well as in more than 30 other countries, to national, regional, international and independent medical distributors and directly to healthcare professionals.
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| Competitors / Substitutes / Alternatives |
Ossur hf, Ohio Willow Wood, Otto Bock, Empi Inc., Hanger Orthopedic Group Inc., Schering-Plough Corp.
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| Strategy |
Langer has a strong cash position and plans to expand and complement its current orthopedic and skincare product portfolio through acquisitions of companies involved in consumer- and medically- oriented personal care products, skincare product groups, cosmeceuticals, cosmetics, hair care and related products, as well as certain orthopedic and consumer healthcare products.
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| Funding |
| The majority of Langer's revenue is generated from sales within the United States, with some revenue coming from Canada. |
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Biotech & Specialty Pharma
Healthcare Services
Medical Devices & Tech
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