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Exactech declares bankruptcy amid implant allegations

By Health News Florida  
   October 30, 2024

Exactech, a Gainesiville-based device manufacturer that faces more than 2,000 state and federal lawsuits from patients who allege the company sold defective hip and knee implants, filed for bankruptcy protection Tuesday. The company says it is restructuring and would be sold to an investor group of private equity and 'alternative asset' firms, which would provide about $85 million in financing to fund the company's operations.

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