9 acquisitions in the orthopedic device industry

Spinal Tech

Several big-money deals closed in the orthopedic device market in the first quarter and second quarters. Here are nine acquisitions since January that include Stryker, NuVasive, SeaSpine and more:

1. NuVasive paid $150 million to acquire Simplify Medical, which has developed an artificial disc that is being evaluated for two-level indications. NuVasive will make additional payments if certain regulatory approval and sales milestones are met.

2. Alphatec acquired EOS imaging for a reported $116.9 million. The company is integrating EOS technology into its Alpha Informatix platform, adding spinal imaging and anatomical modeling.

3. Stryker acquired OrthoSensor and its Verasense intraoperative sensor system that could strengthen Stryker's Mako robot. OrthoSensor's MotionSense remote patient-monitoring wearables and mobile application will combine with OrthloLogIQ, Stryker's cloud-based data platform, to grow its data analytics capabilities.

4. SeaSpine bought 7D Surgical for a reported $110 million. 7D Surgical's flagship technology is a radiation-free tool designed to assist surgeons placing spinal implants.

5. Smith+Nephew acquired Integra LifeSciences' extremity orthopedics business for $240 million in January. The deal includes a shoulder replacement system the company expects to launch in 2022.

6. Bioventus acquired rehabilitation solutions company Bioness for $45 million upfront consideration, with up to $65 million contingent consideration. 

7. Paragon 28 bought Additive Orthopaedics' 3D-printed total talus replacement implant and preoperative surgical planning application.

8. DJO acquired MedShape in its latest push into the foot and ankle space. MedShape's portfolio includes devices for fracture fixation, joint fusion and soft tissue injury repair.

9. DJO acquired Trilliant Surgical, another orthopedic foot and ankle device company.

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