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Smith+Nephew's new CEO, Medtronic's spine revenue jump and more: 6 device company notes
Here are six updates from spine device companies in the last week: -
OrthoPediatrics marks 1,000th case with pedicle screw navigation tool
OrthoPediatrics has reached 1,000 cases completed with the Firefly pedicle screw navigation guides. -
Stryker completes $3.1B acquisition of communications company
Stryker has completed its $3.1 billion acquisition of Vocera Communications, the devicemaker said Feb. 23. -
Medtronic boosts spine market share; case volumes to hit pre-COVID levels by end of Q4
About 60 percent of Medtronic's businesses held or won market share in the third quarter of fiscal year 2022, including the company's spine and cranial technologies, CEO Geoff Martha said during a Feb. 22 earnings call, as transcribed by Seeking Alpha. -
First US surgeries completed with Implanet cervical plate
Medical device company Implanet said its Origin cervical plate has now been used in surgeries completed in the U.S. -
DeGen Medical 3D-printed spine implant hits the market
DeGen Medical has launched the first 3D-printed spinal implant made with Puri-Ti technology. -
VySpine partnership aims to develop spinal implants
VySpine is partnering with Oxford Performance Materials to develop a spine implant line with poly-ether-ketone-ketone technology. -
23 spine device companies to watch in 2022
Despite the COVID-19 pandemic's effect on the spine industry, innovation and mergers and acquisitions activity continues to pick up steam among medtech companies in 2022. -
Smith+Nephew 2021 revenue jumps 14%
Smith+Nephew reported a 14 percent increase in revenue for 2021 in its year-end financial results released Feb. 22. -
Medtronic's spine business sees slight revenue uptick in Q3: 6 notes
Medtronic saw increases in its worldwide revenue and neuroscience sales during the third quarter of fiscal year 2022, according to financial results posted Feb. 22. -
Orthopedic devicemaker, Brainlab partner to develop navigation instruments
Safe Orthopaedics has partnered with Brainlab to create navigable surgical tools, the devicemaker said Feb. 21. -
Gramercy Extremity Orthopedics gets clearance for plating systems
Gramercy Extremity Orthopedics' distal fibular ankle fracture plating system and multi-application extremity plating system received FDA approval, the devicemaker said Feb. 21. -
Globus Medical's revenue rises 7.1% in Q4: 5 notes
Globus Medical saw $250 million in sales in the fourth quarter of 2021 and $958.1 million in full-year sales, according to financial results posted Feb. 17. -
2 devicemakers raise $75M to launch products in US
In the last week, two European spine devicemakers raised a total of $75.6 million in capital to launch products in the U.S. -
Nexus Spine appoints sales exec
Devicemaker Nexus Spine named Steve Cichy as vice president of sales, according to a Feb. 17 news release. -
Swiss spine company raises $20.6M to support augmented-reality platform
Switzerland-based devicemaker Neo Medical landed $20.6 million in funding to support the U.S. launch of an augmented reality spine system. -
DePuy Synthes' new buy, Forbes' best medtech employers and more: 5 device company notes
Two orthopedic devices debut, and three more updates from spine and orthopedic medtech companies in the last week: -
Federal judge narrows surgeon's patent lawsuit against SeaSpine
A Delaware district court judge has partially dismissed a spine surgeon's patent lawsuit against SeaSpine. -
Spinal implant company raises $55M, eyes US launch of 2 devices
France-based devicemaker Companion Spine raised $55 million in series A funding and plans to launch two products in the U.S. in 2023. -
Stryker vs. Zimmer Biomet vs. J&J: How they stack up in Q4
Stryker, Zimmer Biomet and Johnson and Johnson shared their financial results for the fourth quarter of 2021.
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