Globus Medical’s board of directors authorized a share repurchase program of up to $500 million of the company’s outstanding common stock. Timing and number of repurchased shares will be determined by management based on a variety of factors including market…
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Kingsley Chin, MD, entered a plea agreement May 15 ahead of the remaining kickback charges in his trial scheduled for May 2025, according to court documents filed with the U.S. Attorney for the District of Massachusetts. Under the agreement, Dr. Chin pleaded…
The American Academy of Orthopaedic Surgeons is floating an update to its bylaws, but the move has some surgeons worried about how changes will affect members long term. Modernization is the primary motivation for the proposed bylaw updates, AAOS President…
A bill introduced May 11 by House Republicans that would introduce Medicaid work requirements nationwide, stricter eligibility requirements and impose up to $715 billion in cuts over 10 years has faced criticism among hospital groups. Spine surgeons discuss what the…
Foot and ankle surgical services provider Pace Surgical has acquired compression distraction technology from Best Step Orthopedics. Pace Surgical focuses on preserving anatomical constructs and the quality of life of foot and ankle patients, and has now added BSO’s compression-distraction…
From biologics to robots, here are seven spine products earning FDA nods since March 18. 1. Tenon Medical earned FDA 510(k) clearance to use its Catamaran sacroiliac joint system for augmenting thoracolumbar fusion. With the new indication Catamaran can be…
Safa Kassab, MD, performed the first U.S. case with Pixee Medical’s Knee+ NexSight system, according to a May 15 news release. The milestone procedure was completed May 6 at Trinity Health Oakland Hospital in Pontiac, Mich. Knee+ NexSight is an…
Orlando (Fla.) Health Jewett Orthopedic Institute has opened a new 14,000-square-foot facility in Lake Mary, Fla. It will be served by 12 Orlando Health surgeons specializing in sports medicine and orthopedics, according to a May 15 press release sent to…
Healthcare solutions provider Summit Products Group, based in Dallas, has launched a strategic partnership with regenerative medicine developer NovaBone Products. Summit focuses on cultivating a portfolio of products engineered for surgical applications, identifying breakthrough products and supporting their path to…
Tariffs were a key talking point among spine and orthopedic medtech leaders. Here is how five leaders are approaching the headwind, according to their first quarter earnings calls. Stryker Stryker plans to absorb the impact of tariffs, an estimated $200…