Nashville-based Symmetry Surgical has partnered with Italian device maker Biocommerciale to distribute its portfolio of surgical instruments in Europe, according to NASDAQ.
Spinal Tech
Medical device maker ulrich has released its neon Occipito-Cervico-Thoracic System, a spinal implant system for the surgical stabilization and fixation of the posterior regions, according to TMD.
Orthopedic device developer Bioventus will invest $5 million into a new office and manufacturing space in Memphis, Tenn., and will create 44 jobs, according to Area Development.
A recent study showed a novel expandable spino-thoracic fixation device can bring significant improvements to children with type 3 osteogenesis imperfecta and thoracic insufficiency syndrome, according to Medical Xpress.
Here are the financial reports from five spine-driven device companies for the third quarter of 2012.
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Orthopedic device maker Stryker has planned to layoff 5 percent of its global workforce by the end of 2012, and efforts are on track for completion, according to Michigan Live.
Medical device manufacturer Wright Medical Group has agreed to purchase BioMimetic Therapeutics for up to $380 million, according to Memphis Business Journal.
Orthopedic device company Smith & Nephew has appointed Julie Brown as its chief financial officer, according to NASDAQ.com.
Medtronic has completed a $755 million acquisition of China Kanghui Holdings, a Chinese orthopedic device producer, according to China Daily.
The Food and Drug Administration granted 24 510(k) clearances in October