Medtronic, Zimmer Biomet, ChoiceSpine & more: 11 device company key notes

Spinal Tech

Here are 11 key notes on orthopedic and spine device companies from the past week.

Dublin, Ireland-based Medtronic is planning to sell a portion or all of its medical supplies business, unnamed sources revealed to Bloomberg.

 

Knoxville, Tenn.-based ChoiceSpine acquired Gainesville, Fla.-based Exactech's spine products business.

 

Zimmer Biomet reported 2016 fourth quarter net sales of about $2.01 billion, which translates to a 4.1 percent increase from 2015.

 

Carlsbad, Calif.-based SeaSpine is commercially launching its Vu a•POD Prime NanoMetalene System.

 

Virginia Spine Institute surgeons performed the Mid-Atlantic region's 1st Mazor Robotics' Mazor X surgery.

 

WishBone Medical, a pediatric orthopedic devices company, is opening in Warsaw, Ind., and it hired former Congressman Marlin Stutzman as president.

 

Gateway Investment Advisers, owner of $2.56 million-worth Stryker shares, cut back its stake in company shares.

 

Mainstay Medical's ReActiv8, which treats back pain, treats chronic back pain, recently received the CE mark of approval.

 

Lexington, Ky.-based Intralink-Spine is optimistic after its Rejuve treatment showed positive results in a six-month study.

 

SpinalCyte, a tissue engineering technology company based in Houston, announced the enrollment of the first patient to partake in a study for the development of CybroCell.

 

Ortho Sales Partners, a Scottsdale, Ariz.-based consulting firm that assists orthopedic and spine implant manufacturers to commercialize their products, hired Tony Passalacqua as their vice president of sales operations and supply chain.

 

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