London-based Smith & Nephew announced first quarter revenue at $1.075 billion, down nearly 4 percent from $1.079 billion reported during the same period last year.
Spinal Tech
A recent study in Medical Care examined the contributions of physicians to new medical devices by looking at four major device firms and quantifying the information received from physician- and non physician-founded firms.
Medtronic announced it plans to eliminate 230 jobs from its Memphis, Tenn.-based spine division, according to a Pioneer Press report.
London-based Smith & Nephew will acquire Adler Mediequip Private Limited, including the assets and brands of Sushrut Surgicals Private Limited.
San Diego, Calif.-based NuVasive reported increased gross profits for the 2013 first quarter at $120.4 million, up 4.9 percent from the same period last year.
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Here are 20 recent news updates for orthopedic and spine device companies.
Carlsbad, Calif.-based Alphatec Spine reported a $32.7 million gross profit in the first quarter, up 2.9 percent from the $31.8 million gross profit during the same period last year.
Dayton, Ohio-based NovoSource received FDA clearance for its NovoKnee total knee replacement system, according to the Dayton Business Journal.
Integra LifeSciences has launched a full market release of the Hollywood VI Intervertebral body fusion device system.
Memphis, Tenn.-based Medtronic Spine announced the launch of its MAST ALIGNEDSM procedure for multilevel spinal fusion procedures at the 2013 American Association of Neurological Surgeons Annual Scientific Meeting in New Orleans.