6 medtech notes: Zimmer Biomet, Orthofix and more

Spinal Tech

From financial updates to new product developments, here are the key headlines from spine devicemakers since May 1.

1. Zimmer Biomet saw $1.89 billion in net sales in the first quarter of 2024, according to its 2024 financial report, published May 2. 

2. Zimmer Biomet also provided updates on its restructuring and robotics platform in an earnings call. Read more details here

3. Orthofix reported $188.6 million in net sales during the first quarter, along with a $36 million net loss.

4. Globus Medical saw a 119.3% year-over-year increase in first quarter sales, according to financial results posted May 7.

5. ZygoFix earned FDA clearance for its zLock device, the company said in a May 6 LinkedIn post.

6. A smaller version of SI-Bone's iFuse bedrock granite implant system was launched, and the first cases with it were completed, the medtech company said May 7.

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