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22 April 2021

Custom cranial implant firm reports profits in 2020 despite challenging market

Katherine E. Pfaff


The leading maker of custom and complex cranial implants, Kelyniam Global, Inc., reported that despite setbacks from COVID-19, the company returned to profitability in 2020. Elective surgeries were down in 2020, either by government or health authority order or due to patient choice. Sales of implants increased by 15% in 2020, and reduced costs due to less travel and PPP loan forgiveness aided in reaching profit. 

Implants made by the company are comprised of polymers and are used in reconstructive surgery of cranial and facial structures. Custom implants available in rapid time, within 24 hours. 


Source: https://www.prnewswire.com/news-releases/kelyniam-global-releases-annual-2020-financials-301261122.html


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