This exciting new chapter in our relationship demonstrates Zimmer Biomet's ongoing commitment to both OREF
and the orthopaedic community," said David G.
Through our partnership with the OREF we have established an ethical, transparent and independent method to provide needed funding for deserving resident and fellowship programs.
OREF is the leading and most experienced administrator of grants for the advancement of orthopaedic specialty care, having awarded more than 3,800 grants and awards totaling $115 million through 2010.
We are pleased to enter into an expanded partnership with Exactech, a long-standing OREF Corporate Associate," said William P.
In addition to their financial support of OREF Clinician Development Program grants, we value Exactech's perspective as an entrepreneurial organization committed to innovation and excellence.
OREF will continue to have full responsibility for receiving, reviewing and approving grant requests.
Our continuing partnership with OREF and our increased financial commitment will directly contribute to education of the next generation of orthopaedic surgeons.
For calendar year 2009, Biomet made a grant of $1 million to the OREF and anticipates a total donation over a five year period of approximately $7 million.
The grant process is administered by OREF and is based on a random and donor-blind selection system.
DJO's support for graduate medical education through OREF
has everything to do with our mission to improve lives by developing medical devices that become the standard of care in the prevention, treatment and rehabilitation of musculoskeletal conditions," said Les Cross, president and chief executive officer.
The agreement establishes OREF
as the company's grant-making organization in graduate medical education for the coming academic year.
will assume full responsibility for receiving, reviewing and approving grant requests.