DJO’s new acquisition; Stryker, J&J Q1 performances & more: 7 device company notes

Here are seven updates from spine and orthopedic device companies in the last week:

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1. Johnson & Johnson’s orthopedic sales bounced back in the first quarter, increasing 1.2 percent year over year. Read details from its financial report here.

2. Stryker posted $1.5 billion in first-quarter orthopedics sales, a 21.4 percent increase compared to the first quarter of 2020. Read more details here.

3. DJO acquired MedShape in its latest push into the foot and ankle space.

4. Spinal Elements received FDA 510(k) clearance for its Lucent 3D interbody device.

5. Medtronic’s StealthStation S8 surgical system will use Surgical Theater’s SyncAR augmented reality interface in a new partnership.

6. Orthofix has entered into an exclusive license agreement to commercialize Italy-based IGEA’s bone, cartilage and soft tissue devices in the U.S. and Canada.

7. The FDA gave 510(k) clearance for Orthofix’s Forza Ti TLIF spacer system.

More articles on devices:
Former Laser Spine Institute leader named chief of surgery at Florida practice
Late-week spine surgeries linked to longer hospital stays, study finds
Spine spinoff, partial knee robot & more: 6 key Zimmer Biomet developments

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.

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Is ambulatory care healthcare’s big margin engine? 5 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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