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Medtronic's cranial and spine technologies division saw a slight revenue decrease in the second quarter of the 2022 fiscal year, and the company earned $7.84 billion in total revenue.

Johnson & Johnson on Nov. 12 announced its plan to split into two separate companies — one focusing on medical devices and drugs, and the other focusing on consumer health products.

The first artificial disc replacement in the U.S. was performed in 2000, but the technology has come a long way since then, with many surgeons predicting the procedure eventually will overtake spinal fusion as the standard of care.

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