Medtronic, Smith & Nephew & more: 10 device company notes

Written by Eric Oliver | July 10, 2019 | Print  |

Here are 10 key notes on spine and orthopedic device companies:

James Loerop was appointed as executive vice president of business development and strategic planning, a newly created position at Anika Therapeutics.

Orthobiologics company Cerapedics is expanding its Denver headquarters to maximize control of its value chain by relocating Colorado-based distribution.

Medtronic closed its deal of Titan Spine and is ready to reap the rewards: a market-leading position concerning procedural spine surgery solutions.

Private equity-backed medical manufacturer Medin Technologies acquired Advantage Manufacturing Technologies.

Varian Medical will acquire Boston Scientific's microsphere business for $90 million.

Ceiling Spine, a subsidiary of Celling Biosciences, acquired all assets of Link Spine, which is a subsidiary of Link Orthopedics.

Smith & Nephew completed the acquisition of Atracsys Sàrl, a Switzerland-based provider of optical tracking technology used in computer-assisted surgery.

Saluda Medical acquired $75 million in equity financing from Boston Scientific and Redmile Group to fund the finishing stages of its Evoke evoked action compound potential-controlled, Closed-Loop Spinal Cord Stimulation System.

Fusion Robotics closed its financing round for an undisclosed figure with lead investment by Alex Lukianov of Lukpartners and Kevin Foley, MD.

Alexion Pharmaceuticals' Soliris received FDA approval for the treatment of neuromyelitis optica spectrum disorder in adult patients who test positive for the anti-aquaporin-4 antibody.

More articles on practice management: 
Coordinated Health opens new orthopedic facility in Pennsylvania
New Mexico Orthopaedics plans to help revitalize shopping mall — 3 details
Northwestern creates Hispanic Brain and Spine Tumor Program — 3 insights

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies here.

Top 40 Articles from the Past 6 Months