Spinal Tech

The FDA granted several spine-related device approvals last month.

Accelus, a minimally invasive spine device company, and CHP Merger Corp., a special purpose acquisition company, have terminated a previously agreed-upon merger of the companies because of market conditions.

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

SeaSpine launched its Reef TA interbody system, the devicemaker said April 11.

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

Stryker will lay off 88 employees from its Lakeland, Fla., production facility by the end of May, The Ledger reported April 11.

An investment management company's claims about Stryker's acquisitions, robotics guidance and other business operations sparked an investigation from a stockholder rights law firm.

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

The FDA granted several orthopedic-related device approvals last month.

Four spinoff companies in the orthopedic medtech industry have been completed or announced in the past year, and analysts predict that Medtronic's spine business might soon follow suit.