Aetna accuses Conformis of using patient's lawsuit to compel coverage & more: 4 device company key notes

Spinal Tech

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

1. Aetna is alleging that Conformis joined a patient's denial-of-benefits lawsuit to compel coverage of its customized knee implants, which the insurer has deemed "experimental and investigational." Read more.

2. Spine device manufacturer Joimax said it is bolstering its presence in the Australian market through a partnership with medical device distributor LifeHealthcare.

3. The Medtronic Foundation is pledging $16 million to partnerships advancing social justice and equity and planning a global "Day of Action for Racial Equity Progress."

4. Stryker's endoscopy business secured a contract with the U.S. Defense Logistics Agency for up to 10 years and $225 million.

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