Medtronic, Zimmer Biomet, ChoiceSpine & more: 11 device company key notes

Here are 11 key notes on orthopedic and spine device companies from the past week.

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Dublin, Ireland-based Medtronic is planning to sell a portion or all of its medical supplies business, unnamed sources revealed to Bloomberg.

 

Knoxville, Tenn.-based ChoiceSpine acquired Gainesville, Fla.-based Exactech’s spine products business.

 

Zimmer Biomet reported 2016 fourth quarter net sales of about $2.01 billion, which translates to a 4.1 percent increase from 2015.

 

Carlsbad, Calif.-based SeaSpine is commercially launching its Vu a•POD Prime NanoMetalene System.

 

Virginia Spine Institute surgeons performed the Mid-Atlantic region’s 1st Mazor Robotics’ Mazor X surgery.

 

WishBone Medical, a pediatric orthopedic devices company, is opening in Warsaw, Ind., and it hired former Congressman Marlin Stutzman as president.

 

Gateway Investment Advisers, owner of $2.56 million-worth Stryker shares, cut back its stake in company shares.

 

Mainstay Medical’s ReActiv8, which treats back pain, treats chronic back pain, recently received the CE mark of approval.

 

Lexington, Ky.-based Intralink-Spine is optimistic after its Rejuve treatment showed positive results in a six-month study.

 

SpinalCyte, a tissue engineering technology company based in Houston, announced the enrollment of the first patient to partake in a study for the development of CybroCell.

 

Ortho Sales Partners, a Scottsdale, Ariz.-based consulting firm that assists orthopedic and spine implant manufacturers to commercialize their products, hired Tony Passalacqua as their vice president of sales operations and supply chain.

 

More articles on devices:
Following successful study, Intralink-Spine promotes Rejuve as low back pain cure — 5 things to know
Exactech sells spine assets to ChoiceSpine: 5 things to know
SeaSpine unveils Vu a∙POD Prime NanoMetalene System for full commercial launch — 5 highlights

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