Alphatec Holdings to Reduce Workforce, Operating Expenses for French Affiliate

Alphatec Spine’s parent company, Alphatec Holdings, will begin restructuring the business operations of its French affiliate, Scient’x.

Advertisement

The restructuring will reduce Scient’x’s workforce by 76 and reduce operating expenditures by $2 to $6 million. By streamlining the organization, Alphatec Holdings hopes to improve profitability in 2014.

Scient’x includes Scient’x S.A.S. and Surgiview S.A.S.

More Articles on Devices:
8 Key Notes on Spine & Orthopedic Medical Device Companies
Nextremity Solutions Relocates Headquarters to Indiana
Regentis Biomaterials Releases Data Supporting GelrinC for Knee Cartilage Defects

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.