How well-positioned is NuVasive in 2022? 5 notes

Spinal Tech

In 2021, NuVasive marked multiple milestones, including a rollout of new technology and the expansion of educational facilities. 

Five notes to know in 2022:

1. NuVasive landed a $150 million acquisition of Simplify Medical, which includes the Simplify artificial disc, in February. As a result of the acquisition, NuVasive's portfolio now includes products that address all key segments of the cervical spine, the company said.

2. NuVasive saw year-over-year revenue growth in the first and second quarters of 2021. However, sales dipped 8.3 percent year over year in the third quarter. Despite that dip, NuVasive's cervical spine portfolio saw double-digit, year-over-year growth in the third quarter.

3. Reports of a potential acquisition by Globus Medical caused NuVasive's stock to soar in November. However, two financial analysts predicted the deal wouldn't come to fruition. No updates on the potential deal have been reported since.

4. NuVasive's Pulse Platform for spine surgery made its commercial debut in Ohio and Texas in September. Pulse is an integrated platform designed to increase safety and efficiency in spine surgery.

5. Focusing on surgeon education, NuVasive opened the East Coast Experience Centerin New York City. The center aims to train surgeons on techniques including the X360, XLIF and C360 procedures. It has educational training rooms and a dedicated site to demonstrate its Pulse platform. The East Coast Experience Center compliments NuVasive's flagship experience center in San Diego, the company said.

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