Alphatec ends bid to acquire EOS Imaging & more: 7 device industry key notes

Eric Oliver -   Print  |

Here are seven key notes on spine and orthopedic device companies from the past week:

Medical device company Alphatec said it has ended its agreement to acquire EOS Imaging due to the ongoing impact of COVID-19.

Wright Medical moved closer to finalizing a transaction with Stryker and announced COVID-19-related pay reductions.

The FDA on April 28 granted Life Spine 510(k) clearance to market implant and instrument additions to its ARx spinal system.

Anika Therapeutics made its interim CEO and President Cheryl Blanchard, PhD, permanent April 26.

Aurora Spine, a Toronto-based spinal implant manufacturer, on April 27 received loan proceeds of $450,877 under the Paycheck Protection Program, as part of the Coronavirus Aid, Relief and Economic Security Act.

Stryker reported executive pay reductions in an SEC filing on April 27 due to the pandemic.

Omar Ishrak on April 26 retired as Medtronic CEO and transitioned to executive chairman, after a nine-year stint as head of the medical device company.

More articles on healthcare: 
Illinois Department of Health continues plea for surgery centers to donate PPE
Airbnb for ASCs — How a company is pairing surgeons with available surgery centers
The Joint Commission supports personal face mask use

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