Stryker could divest assets to acquire Wright & more: 5 device company key notes

Eric Oliver -   Print  |

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

Stryker proposed divesting certain assets in connection to its planned acquisition of Wright Medical, which is under review by the Federal Trade Commission, according to a filing with the Securities and Exchange Commission. Read more

Medtronic is embarking on a restructuring plan expected to create annual savings of $450 million to $475 million by fiscal year 2023, according to a Sept. 1 filing with the Securities and Exchange Commission. Read more.

India Medtronic, a subsidiary of Medtronic, on Sept. 8 launched the Sonicision curved jaw cordless ultrasonic dissection system.

The first total knee replacement using Pixee Medical's Knee+ augmented reality system was recently completed in France.

Spinal implant manufacturer CTL Amedica has received FDA clearance for its Mondrian lumbar interbody fusion cage, according to a Sept. 2 news release.

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