Spine and orthopedic medtech companies jumped on multiple deals in 2021 to strengthen their portfolios and expand their scopes.
Spinal Tech
From spinoffs to leadership moves, here's the spine and orthopedic medtech news that caught the eyes of Becker's Spine Review readers this year:
OrthoPediatrics' subsidiary, Telos Partners, has hired Scott Day as senior vice president and general manager.
Johnson and Johnson has asked a federal court to order two surgeons to pay $2.4 million after they were sanctioned for misusing confidential records in a whistleblower suit that was dismissed.
Here are five key updates from spine and orthopedic device companies in the last week:
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Safe Orthopaedics' Sycamore implant for spinal fractures was found to be "very satisfactory," according to three-month clinical data released by the company.
Bioventus' Nexus BoneScalpel Access handpiece was cleared by the FDA.
Spinal Simplicity's Minuteman implant device was recently granted indication for treatment of lumbar spinal stenosis by the FDA, the medical device company said Dec. 17.
Medical devicemaker Medtronic is bringing on 3M's Ivan Fong as two company executives move to retire.
The owners of two durable medical equipment companies for orthopedic patients were sentenced to more than 12 years in prison for executing in connection with a conspiracy that cost Medicare $27 million.