Stryker, Smith & Nephew, Zimmer Biomet & more: 10 device company notes

Written by Anuja Vaidya | February 02, 2018 | Print  |

Here are 10 key notes on orthopedic and spine device companies from the past week.

Stryker reported 2017 full-year net sales were up 9.9 percent to $12.4 billion.

 

Zimmer Biomet reported $7.82 billion in full-year 2017 sales, a 1.8 percent increase over the prior year.

 

Zimmer Biomet is transferring dozens of its Puerto Rican employees to its headquarters in Warsaw, Ind., after Hurricane Maria devastated the territory last fall.

 

Smith & Nephew opened its Global Business Services operation in Costa Rica, aimed at provided specialized shared services.

 

Neurosurgeons at Pittsburgh-based Allegheny Health Network became the first in the region to use Medtronic's OsteoCool RF Ablation System.

 

Intuitive Surgical's saw $3.12 billion in full-year 2017 revenues.

 

In the fourth quarter of 2017, Camber Spine reported a 54.2 percent jump in sales year over year.

 

Implanet offered insight into the progression of its partnership with L&K BIOMED.

 

Medicrea disclosed Chairman and CEO Denys Sournac purchased 90,045 company shares.

 

Medical device company Encoris teamed up with Allendale, Mich.-based Grand Valley State University students to improve a spine surgery training simulation.

 

More articles on devices:
Camber Spine experiences 46% year-over-year growth: 5 takeaways
Global spinal surgical robots market to reach $2.7B by 2022: 5 takeaways
Medicrea's CEO acquires 90k shares — 3 points

 

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