ZimVie Announces Exclusive Distribution Agreement with Osstem Implant to Expand Premium Dental Implant Offering in China

Rhea-AI Summary

ZimVie (Nasdaq: ZIMV) has entered into an exclusive distribution agreement with Osstem Implant to expand its dental implant presence in China. The strategic partnership leverages Osstem's market-leading position and extensive distribution network spanning over 90 Chinese cities.

Osstem Implant, established in China since 2006, conducts nearly 500 clinical training sessions annually and will have exclusive commercial rights to distribute ZimVie implant systems in the Chinese market, which has an estimated demand of over 10 million units annually.

Positive

• Access to China's large dental implant market of over 10 million units annually
• Partnership with market leader Osstem provides immediate access to 90+ Chinese cities
• Leverages Osstem's established network and 500 annual clinical training sessions
• Strategic expansion aligns with ZimVie's global growth objectives

Negative

• Exclusive distribution agreement may limit direct market control
• Dependence on Osstem's performance for success in Chinese market

Strategic Partnership Provides Market Presence in Growing Chinese Market

PALM BEACH GARDENS, Fla., July 23, 2025 (GLOBE NEWSWIRE) -- ZimVie Inc. (Nasdaq: ZIMV), a global life sciences leader in the dental implant market, today announced a strategic distribution agreement with Osstem Implant Co., Ltd. (“Osstem Implant”), a leading dental solutions provider specializing in high-quality implants and integrated dental technologies globally. The agreement expands ZimVie’s global presence to further penetrate the large, growing Chinese implant market—estimated at greater than 10 million units annually¹—and enhance customer access to its innovative implant portfolio.

Osstem Implant is the market-leading provider of dental implants in China, with broad, established distribution channels. Since entering the Chinese market in 2006, Osstem has built a robust presence in over 90 cities and conducts nearly 500 clinical training sessions annually. This commitment to education, combined with high-quality products and extensive clinical validation, has earned Osstem strong trust among dental professionals and enabled the company to build a reliable and expansive distribution network. Under the agreement, Osstem Implant will have the exclusive commercial responsibility for ZimVie implant systems within the growing Chinese market, providing greater product selection for its vast customer base.

"Partnering with Osstem, a respected leader known for exceptional service and a strong portfolio of high-quality products, presents a superior opportunity for ZimVie to expand and grow in the Chinese market," said Vafa Jamali, Chairman of the Board and Chief Executive Officer of ZimVie.

“We are excited to partner with ZimVie, a company with outstanding clinical expertise and technological excellence,” said Michael Kim, Head of Osstem Implant’s China operations. “This collaboration allows us to offer more choices to our dental customers and patients. Through our strong clinical education system and extensive sales network, we will continue working to ensure that more dentists and patients benefit from high-quality implant treatments.”

The agreement reflects the strength and differentiation of ZimVie's premium implants, which are designed for precision, esthetics, and durability. It underscores the company’s commitment to innovation, global expansion, and its vision of creating great customer experiences to become the preferred dental implant brand for clinicians and patients worldwide.

1. National Conference on Oral Implantology; Qianzhan Industrial Research Institute

About ZimVie
ZimVie is a global life sciences leader in the dental implant market that develops, manufactures, and delivers a comprehensive portfolio of products and solutions designed to support dental tooth replacement and restoration procedures. From its headquarters in Palm Beach Gardens, Florida, and additional facilities around the globe, ZimVie works to improve smiles, function, and confidence in daily life by offering comprehensive tooth replacement solutions, including trusted dental implants, biomaterials, and digital workflow solutions. As a worldwide leader in this space, ZimVie is committed to advancing clinical science and technology foundational to restoring daily life. For more information about ZimVie, please visit us at www.ZimVie.com. Follow @ZimVie on Twitter, Facebook, LinkedIn, or Instagram.

About Osstem Implant
Founded in South Korea in 1997 by a dentist, Osstem Implant has grown into the world’s largest dental implant manufacturer and the top dental company in the Asia-Pacific region. With 37 overseas subsidiaries in 33 countries and distribution in over 90 countries, Osstem delivers high-quality products and integrated dental solutions. The company is committed to contributing to better human health by enabling dentists to provide better treatment through bold investments in R&D, extensive clinical validation, and ongoing education programs.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements concerning ZimVie’s expectations, plans, prospects, and product and service offerings, including new product launches and potential clinical successes. Such statements are based upon the current beliefs, expectations, and assumptions of management and are subject to significant risks, uncertainties, and changes in circumstances that could cause actual outcomes and results to differ materially from the forward-looking statements. For a list and description of some of such risks and uncertainties, see ZimVie’s periodic reports filed with the U.S. Securities and Exchange Commission (SEC). These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in ZimVie’s filings with the SEC. Forward-looking statements speak only as of the date they are made, and ZimVie disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers of this press release are cautioned not to rely on these forward-looking statements, since there can be no assurance that these forward-looking statements will prove to be accurate. This cautionary note is applicable to all forward-looking statements contained in this press release.

Media Contact Information:

ZimVie
Grace Flowers • Grace.Flowers@ZimVie.com
(561) 319-6130

Investor Contact Information:

Gilmartin Group LLC
Webb Campbell • Webb@gilmartinir.com

FAQ

What is the new partnership between ZimVie (ZIMV) and Osstem Implant?

ZimVie has signed an exclusive distribution agreement with Osstem Implant to distribute ZimVie's dental implant systems in China, leveraging Osstem's established presence in over 90 cities.

How large is the Chinese dental implant market that ZimVie (ZIMV) is entering?

The Chinese dental implant market is estimated at more than 10 million units annually, according to the National Conference on Oral Implantology.

What is Osstem Implant's presence in China?

Osstem Implant has been operating in China since 2006, with presence in over 90 cities and conducts nearly 500 clinical training sessions annually.

How will the distribution agreement benefit ZimVie (ZIMV)?

The agreement will help ZimVie expand its global presence in the Chinese market through Osstem's established distribution channels, clinical education system, and strong customer base.

Who will be responsible for ZimVie's implant systems distribution in China?

Osstem Implant will have exclusive commercial responsibility for distributing ZimVie implant systems within the Chinese market.