Stryker's layoff plans, Orthofix's new leader and more: 7 device company notes

Spinal Tech

SeaSpine's newest product launch and four more updates in spine and orthopedic medtech in the last week:

1. The FDA granted several orthopedic-related device approvals in March. Read the full list here.

2. Kimberley Elting on April 8 was appointed president of global orthopedics for implant developer Orthofix.

3. Stryker will lay off 88 employees from its Lakeland, Fla., production facility by the end of May.

4. CMS granted an outpatient code for Stryker's InSpace balloon implant for shoulder surgery.

5. Medical device company Fuse Medical appointed Lawrence Yellin as CFO and a member of its executive board.

6. SeaSpine launched its Reef TA interbody system. It is designed for transforaminal lumbar interbody fusions and comes in multiple lordotic options for specific anatomical needs.

7. The FDA issued two guidelines designed to make it less complex for medtech companies to commercialize orthopedic devices and sutures using its safety and performance-based pathway.

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