August 18, 2022

Research Florida

Striking Rein-Gold: A profile of Reinhold Schmieding and Arthrex

Mike Vogel | 8/26/2016

Then came a group picture, including Schmieding’s nemesis of five years before, Commissioner Hiller. At the meeting, she joined with the commissioners in approving $572,970 in incentives for an Arthrex project, a 161,000-sq.-ft. manufacturing plant in Ave Maria. Hiller says that once county law was changed and Arthrex met the legal qualifications, she was happy to support its request.

“We’re both very committed, very strong people,” Hiller says of Schmieding. “He wasn’t happy at the moment” during their battle over incentives in 2011, she says, but they have since reconciled. He donated $1,000 to support her bid this year to be elected clerk of courts and comptroller.

“Reinhold is an incredible businessman, an outstanding entrepreneur and nothing short of a creative genius, and what he’s done for the community is remarkable, his capital investment and investment in our citizens.” As much as a politician and business head can be, “We’re best friends,” she says.

Research at Arthrex

Arthrex invests heavily in internal and external research in collaboration with surgeons and institutions worldwide. The firm has research staff and laboratories in both Germany and Naples, where the research department was recently renovated and approximately tripled in size. The research ranges from investigations of ortho-biologic treatments to tests of the firm’s shoulder replacement systems for mechanical soundness. The research department completes more than 350 internal research studies a year and carries out more than 100 external research projects each year with surgeons and health care institutions. One major area of research involves efforts to complement less-invasive surgery with biologic solutions — ways to enhance the body’s own ability to heal itself. The firm hopes that its research will lead to successful treatments for osteoarthritis, tendonitis and other joint conditions.

R&D

Arthrex was one of the leading recipients of patents granted to Florida entities in 2015 and is also one of the leading recipients of patents in the state from 2011-15, with 105 patents during that five-year period. The top 20 recipients in 2015:

  Patent Recipient 2015 Patents
1 Harris 97
2 Siemens Energy 92
3 UF Research Foundation 89
4 USF 82
5 Johnson & Johnson Vision Care 67
6 Nielsen 64
7 IBM 51
8 UCF 47
9 Lockheed Martin 34
10 Qualcomm 32
11  Citrix Systems 30
12 General Electric 29
13 Siemens Aktiengesellschaft 28
14 Certusview Technologies 28
15 Motorola Solutions 27
16 Baxter International 27
17 Curna 27
18 Tyco Fire and Security 25
19 Arthrex 24
20 Blackberry 24
Source: U.S. Patent Office, which lists the origin of patents based on the residence of the first named inventor

 

 

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Tags: Research & Development, Research Florida

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