NuVasive leader to step down, Stryker’s Ireland facility and more: 6 device company notes

AxioMed’s artificial disc nears FDA approval and five more key updates from spine devicemakers since Aug. 3:

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1, Surgalign reached a $2 million settlement with the Securities and Exchange Commission related to activities between 2015 and 2019.

2. Stryker on Aug. 3 opened a 156,000-square-foot additive manufacturing facility in Cork, Ireland, with the capacity to create 600 high-tech positions, according to the country’s Industrial Development Agency.

3. Orthofix’s second-quarter revenue fell compared to the same time last year across most of its business segments.

4. Alphatec posted significant year-over-year second-quarter growth and an increase in its surgeon user base.

5. AxioMed completed the final steps toward FDA approval for its lumbar viscoelastic disc replacement device.

6. NuVasive’s executive vice president and chief commercial officer, Massimo Calafiore, is stepping down. The company also posted a year-over-year increase in second-quarter revenue with $310.5 million.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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