Former device company CEO charged with fraud & more: 7 device company key notes

Here are seven key notes on spine and orthopedic device companies: 

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Pete Petit, founder and former CEO of MiMedx, and the company’s former COO, William Taylor, were charged Nov. 26 in connection with accounting fraud. Read more. 

Vertos Medical completed the enrollment of its nationwide study of its Mild procedure for lumbar spinal stenosis Dec. 3.

The first procedures with Smith+Nephew’s Journey II Unicompartmental Knee System were reported Dec. 3.

RTI Surgical received FDA 510(k) clearance for its Streamline MIS Spinal Fixation System on Dec. 2.

Medtronic is being sued by a man from North Carolina after an implanted pedicle screw allegedly broke and caused him to undergo revision surgery.

India Medtronic recently launched the Mazor X Stealth Edition with spine surgeons at the Indian Spinal Injuries Centre in New Delhi performing the first cases with the robotic system. 

A Stryker subsidiary recently acquired low-temperature sterilization technology company TSO3. 

More articles on sports medicine: 
RTI Surgical receives FDA clearance for spinal fixation device
OrthoIndy’s Dr. Dean Maar dies during home invasion
NASS, The Spine Journal honor Indian research team for lumbar disc disease paper

 

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