Orthopedic surgical devices and regenerative medicine
Strategic Profile
As a Contract Development and Manufacturing Organization (CDMO), Evergen positions itself for targeted growth in specialized clinical segments through scalable manufacturing and R&D collaborations with larger OEM and healthcare organizations. The company leverages tissue engineering innovation to address patient needs in orthopedic and surgical markets.
Cyborg Score Rationale
RTI Surgical operates in a competitive orthopedic devices market with moderate revenue scale (~$280M historically) but faces headwinds from larger rivals and recent corporate restructuring. Recent acquisition of Collagen Solutions (October 2024) and strategic repositioning suggest growth ambitions, though execution risks remain amid industry consolidation.
Top Insights
Recently rebranded operations as Evergen (as of March 2026) to emphasize CDMO and tissue engineering capabilities
Acquired Collagen Solutions in October 2024, expanding biomaterial and regenerative capabilities
Employs approximately 493 people across 4 continents as of March 2026
Positioned as a mid-market player competing against larger orthopedic device manufacturers while building contract manufacturing and R&D service offerings
Named Competitors
B. Braun Medical — Large diversified medical device manufacturer with orthopedic and surgical solutions
Stryker Orthopedics — Major orthopedic and surgical device manufacturer
Zimmer Biomet — Leading orthopedic and musculoskeletal healthcare company
DePuy Synthes — Orthopedic and surgical solutions division of global healthcare company
Recent Developments
(March 2026) Rebranded to Evergen, repositioning business toward CDMO and tissue engineering services
(October 2024) Acquired Collagen Solutions to expand regenerative medicine and biomaterial capabilities
(July 2025) Completed exit of Paradigm Spine investment
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