Intel names former Medtronic CEO board chairman & more: 7 device company notes

Spinal Tech

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

Wright Medical stockholder John Thompson is suing the company to halt its proposed $4 billion acquisition by Stryker, according to a proposed class action filed Jan. 15 in Delaware federal court. Read more. 

Life Spine reported "significant growth" in 2019, with record revenues driven by high demand for micro-invasive technologies, the company announced Jan. 17.

Stephen Wohlert, PhD, on Jan. 21 was named vice president of manufacturing for Miach Orthopaedics.

Johnson & Johnson reported worldwide orthopedic sales of $8.8 billion in 2019, a 0.5 percent dip compared to 2018.

The Intel board elected outgoing Medtronic CEO Omar Ishrak, PhD, as chairman, the company announced Jan. 21.

Integra LifeSciences posted an estimated 3 percent revenue increase over the past year in a preliminary earnings report.

Spine developer Medicrea posted 2019 sales of $36.4 million, representing an 11 percent increase year over year.

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