Medtronic plans to achieve net zero carbon emissions by fiscal year 2045, the company announced Nov. 8.
Spinal Tech
A robotics company and the developer of a minimally invasive surgical drill are two of the latest acquisitions in the orthopedic medtech industry:
Bedford, Mass.-based OnPoint Surgical received an award for an augmented reality spine surgery patent that was granted in June, the company said Nov. 8.
Globus Medical saw an uptick in revenue year over year in the third quarter, and CEO Dave Demski said in an earnings call that the Excelsius 3D imaging system is expected to launch before the end of the year.
Alphatec grew its surgeon user base by 20 percent year over year in the third quarter of 2021, according to financial results posted Nov. 4.
Zimmer Biomet, Stryker and Smith+Nephew all recently reported their third quarter results. While Smith+Nephew and Zimmer Biomet saw dips in orthopedic performance, Stryker saw revenue gains.
A study of Premia Spine's Tops spinal arthroplasty system found positive patient outcomes at the six-week and 12-month marks.
Smith+Nephew saw $1.3 billion in third-quarter revenue; however, its orthopedic sales dipped, according to financial results posted Nov. 4.
Zimmer Biomet's orthopedic and spine sales dipped in the third quarter, according to financial results posted Nov. 4.
Stryker has expanded MakoSmartRobotics across the VA hospital network, the company said Nov. 4.
