Implant manufacturer Aurora Spine saw margins improve from 35 percent to 49 percent in the first quarter while revenue remained the same, compared to the first quarter of 2020.
Spinal Tech
Medtronic reported a strong fourth quarter of the 2021 fiscal year ending April 30, as elective procedure volumes rebounded after plunging during the pandemic.
Five key updates from spine and orthopedic device companies in the last week:
Spinal Stabilization Technologies reached two milestones for its PerQdisc spine device.
Orthopedic device company MicroPort formed two partnerships to bolster patient outcomes and education.
ChoiceSpine, an implant manufacturer backed by Altus Capital Partners, received FDA clearance to launch its Blackhawk Ti cervical spacer system.
The University of Louisville (Ky.) Health System has implemented a spinal imaging technology capable of providing high definition images in less than four minutes, NBC affiliate WAVE3 News reported May 24.
The worldwide spinal implant and surgical device market is projected to reach $14.5 billion by 2027, according to ReportLinker.
South Korean medical technology company Curexo received FDA licensing for its Cuvis-spine robot.
Salt Lake City-based Intermountain Healthcare's decision to drop Arthrex for DePuy Synthes products has come under fire, according to a report in The Salt Lake Tribune.
