From Medtronic's new spine leader to Johnson & Johnson's planned split, here are eight key updates from spine and orthopedic device companies in the last week:
Spinal Tech
Aurora Spine reached a sales milestone in the third quarter, according to financial results posted Nov. 16.
Smith+Nephew will launch a digital surgery and robotics innovation center in Munich, Germany.
The American Medical Association accepted a new CPT add-on code for the second level of lumbar total disc replacement procedures.
Colfax, DJO's parent company, named its upcoming spinoff orthopedic brand, CEO Matt Trerotola said in a Nov. 4 third quarter earnings call.
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Spineart USA's Baguera C cervical disc prosthesis has marked its 100th surgery in combined single-level and two-level U.S. investigational device exemption clinical trials.
NuVasive's stock jumped 9 percent Nov. 15 after a report that Globus Medical made a preliminary takeover approach, according to Seeking Alpha.
Accelus, a minimally invasive spine device company, plans to merge with CHP Merger Corp., according to a Nov. 15 news release.
Harry "Skip" Kiil has been appointed president of Medtronic's cranial and spinal technologies operating unit, effective Jan. 4.
Three new publicly traded device companies are expected to enter the market in the next one to two years, according to announcements from Zimmer Biomet, Johnson & Johnson and Colfax Corp.: