Globus Medical, NuVasive merger: A timeline

Spinal Tech

In September, spine tech companies Globus Medical and NuVasive finalized a merger that valued NuVasive at $3.1 billion. 

Since then, the companies have faced both layoffs and triumphs. Here is a timeline of the much-watched merger: 

1. In February 2023, Globus announced its intention to acquire NuVasive for $3.1 billion. Both companies have new spine tech that is popular among surgeons.

2. In July, the FTC was reported to be weighing an antitrust lawsuit to challenge the deal.

3. In September, Globus and NuVasive completed the acquisition that made waves and drew. 

4. In late September, surgeons talked about the perks of the two companies with Becker's. "We presently use the NuVasive/Globus Medical Pulse navigation for our instrumented cases in our ASC. This affords near 100 percent fidelity for hardware and interbody placement. I have used the Globus Excelsior robot at our hospital and have found benefits of this tool as well. I think for the more complex deformities, the robot will be exponentially more helpful for pre-determined screw placement and predictive spine corrections," said Sanjay Khurana, MD, orthopedic spine surgeon at Hoag Orthopedic Institute in Marina del Rey. 

5. In October, NuVasive Simplify cervical disc replacement implant was found to be superior to anterior cervical discectomy fusion after five years, according to research from Globus. 

6. Becker's published five key things to know about Globus Medical's CEO, who now runs both companies post-merger. 

7. Due to organizational restructuring of the combined companies, NuVasive announced that it will layoff 157 employees at its San Diego headquarters. 

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