Spinal Tech

Medtronic approved cash dividends for the fourth quarter of the 2021 fiscal year.

Zimmer Biomet's spine spinoff, NewCO, will be led by Vafa Jamali, a former Medtronic executive with more than 25 years of experience in the medical device industry.

The FDA cleared 33 orthopedic devices last month.

Spine device company Alphatec reported a net loss of $26.8 million in the fourth quarter, but saw U.S. revenue increase 38 percent year over year to $43.1 million.

Medtronic has hired a Walmart executive to lead its global operations and supply chain.

Bioventus appointed Larry Chen as managing director for the China and Asian Pacific region.

Industrial equipment manufacturer Colfax Corp. plans to split its industrial and medical device businesses into two publicly traded companies.

Here are six updates on spine and orthopedic device companies over the past week:

Virtual reality company PrecisionOS and Zimmer Biomet will showcase their immersive reality project surrounding the American Academy of Orthopaedic Surgeons' Innovation Series on March 18.

During the Cowen Healthcare Broker Conference on March 2, Medtronic CFO Karen Parkhill discussed the company's third-quarter fiscal year 2021 results and offered projections for the rest of the year, according to Seeking Alpha.