Patrick Miles has worked at Alphatec as CEO since 2017.
Spinal Tech
Fuse Medical received FDA clearance for its tibial revision knee system and PS Plus posterior stabilized tibial insert, according to an Aug. 26 news release.
Aurora Spine posted $2.43 million in second quarter revenue, according to an Aug. 26 news release.
Zimmer Biomet has grown since 2017 when Bryan Hanson was named CEO.
Medtronic's 23 percent increase in quarterly revenue and three more updates from spine and orthopedic device companies in the last week:
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Medtronic has plans to get more neurostimulation products approved by the FDA and is continuing to increase its smaller mergers and acquisitions.
Elon Musk's surgical robot company Neuralink has made great progress since it was founded in 2016. The surgical robot will be used for neuroscience and is expected to help medical issues affecting the brain.
Medtronic's cranial and spine technologies division grew 19 percent year-over-year in the first quarter of the 2022 fiscal year, and the company's total revenue hit $8 billion.
Shoulder Innovation's InSet reverse shoulder arthroplasty system received FDA 510(k) clearance, the company said Aug. 23.
Johnson & Johnson announced Aug. 19 that Joaquin Duato will succeed Alex Gorsky as CEO of the medtech and pharmaceutical giant in January 2022.