Medtronic approves 8% quarterly dividend increase & more: 7 device company notes

Spinal Tech

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

Medtronic's board of directors approved an 8 percent increase in the quarterly cash dividend.

Zimmer Biomet Holdings appointed Suketu Upadhyay to replace retiring CFO Daniel Florin.

After shaking up its leadership team, NuVasive could soon be undervalued if the company's progress continues upward.

MiRus, a medical device company focusing on spine and orthopedic devices, acquired a 50,000-square-foot facility to dramatically increase production.

Integra LifeSciences promoted Glenn Coleman to COO and appointed Carrie Anderson CFO.

Fusion Robotics closed a financing round with investments from former NuVasive CEO Alex Lukianov and Kevin Foley, MD.

Spectrum Plastics Group acquired Wexford, Ireland-based medical balloon solutions company Earnan Biomedical.

More artilces on devices: 
4 major orthopedics transactions in the past year
Drs. Paul Burton and Travis Scudday perform joint replacement surgeries on Haiti mission
Dr. Avi Kumar: 2 Qs on innovation in orthopedics and considering new devices

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