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Life Spine reports double-digit revenue growth, 7 new FDA gains in 2019
Life Spine reported "significant growth" in 2019, with record revenues driven by high demand for micro-invasive technologies, the company announced Jan. 17. - 1/21/20 -
Stockholder sues to block Wright Medical's $4B deal with Stryker
Wright Medical stockholder John Thompson is suing the company to halt its proposed $4 billion acquisition by Stryker, according to a proposed class action filed Jan. 15 in Delaware federal court. - 1/17/20 -
Medicrea entices US buyers with $36.4M in 2019 sales, an 11% increase YOY
Spine developer Medicrea posted 2019 sales of $36.4 million, representing an 11 percent increase year-over-year. - 1/16/20
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Integra LifeSciences 2019 revenue up to $1.52B — 5 things to know
Integra LifeSciences posted an estimated 3 percent revenue increase over the past year in a preliminary earnings report. - 1/15/20 -
NuVasive, Alphatec report preliminary 2019 results & more: 11 device company notes
Here are 11 key notes on spine and orthopedic device companies: - 1/15/20 -
What Medtronic's outgoing CEO regrets the most
During Omar Ishrak's nearly nine years as Medtronic CEO, he has been tasked with growing revenue in emerging markets, navigating value-based care and stabilizing the company's spine business, MedCity News reports. - 1/15/20 -
DePuy Synthes' new AI partner selects CEO — 6 insights
Ohad Arazi was named CEO of Zebra Medical Vision, the deep-learning medical imaging analytics company that partnered with DePuy Synthes in December. - 1/15/20
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Medicrea considers strategic partner — 4 insights
Spinal implant-maker Medicrea is soliciting U.S.-based strategic partners, which could lead to an acquisition or partnership. - 1/14/20 -
$490M deal to offload RTI Surgical's OEM business to private equity firm
RTI Surgical on Jan. 13 signed a definitive agreement to sell its OEM business to Montagu Private Equity in a $490 million deal. - 1/14/20 -
OrthoSensor, McLaren Applied team up for new venture
OrthoSensor and McLaren Applied partnered to create EnMovi, a company that'll use wearable sensors and data analytics to improve patient care in orthopedics. - 1/13/20 -
4 big devicemakers rival Intuitive Surgical in robotics — Medtronic, Stryker & more
Robotics pioneer Intuitive Surgical is facing increased market competition as Johnson & Johnson, Medtronic and others gain traction through major mergers and acquisitions, S&P Global reports. - 1/13/20
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Alphatec 2019 revenue hits $113M: 5 things to know
Alphatec reported revenue increased around 30 percent over the past year in a preliminary earnings report. - 1/13/20 -
NuVasive 2019 revenue jumps 6% to $1.17B: 5 details
NuVasive reported preliminary fourth quarter and full year 2019 results, with revenue up around 6 percent for the entire year. - 1/13/20 -
Silver Bullet Therapeutics earns CE Mark for antimicrobial bone screw system — 4 insights
Silver Bullet Therapeutics earned a CE Mark for its OrthoFuzIon Orthopedic Bone Screw System, an antimicrobial bone screw system. - 1/10/20 -
Neurosurgeon Dr. Shafique Virani becomes director of new biopharmaceutical company
Shafique Virani, MD, on Jan. 10 was appointed director of newly established biopharmaceutical company TauC3 Biologics. - 1/10/20 -
Medtronic introducing newly approved neurostimulator in Europe — 5 things to know
With new CE Mark approval, Medtronic is planning the European launch of its Percept PC Neurostimulator Deep Brain Stimulation system, the company announced Jan. 9. - 1/10/20 -
17 spine devices receive FDA 510(k) clearance in December
The FDA cleared 17 spine-related devices in December. - 1/10/20 -
Zap Surgical to use $81 million raised in financing round to accelerate launch of surgical robot
Zap Surgical Systems raised $81 million in an equity financing round completed Jan. 8, according to Dotmed Health Care Business News. - 1/9/20 -
Cutting Edge Spine gains clearance for HA-enhanced PEEK interbody system
Cutting Edge Spine launched the EVOLha-DLIF direct lateral interbody fusion system on Jan. 9 following FDA 510(k) clearance. - 1/9/20 -
Medtronic acquires privately held company developing spinal cord stimulation therapy
Medtronic on Jan. 8 acquired Stimgenics, developer of the Differential Target Multiplexed spinal cord stimulation therapy. - 1/9/20