NuVasive posted net sales of $291.8 million in the fourth quarter, a 6 percent decrease compared to the same period in 2019.
Spinal Tech
Device company Aurora Spine said Feb. 24 that it received loan proceeds of $350,140 under the second round of the Paycheck Protection Program, as part of the Coronavirus Aid, Relief and Economic Security Act.
Medtronic Chair and CEO Geoff Martha was optimistic about sales of its spine surgery robot increasing in the coming year during the company's Feb. 23 third-quarter conference call, as transcribed by The Motley Fool.
NuVasive made its first transaction of 2021, acquiring Simplify Medical in a multimillion dollar deal.
U.K.-based Axis Spine Technologies closed a $3.1 million (£2.2 million) funding round, Finsmes reported Feb. 24.
Ortho Regenerative Technologies has welcomed Patrick O' Donnell, president and CEO of HD LifeSciences, to its board of directors.
From the latest surgical robots receiving FDA approval to a new training program for oblique lateral interbody fusions, here are seven device company updates:
Here's how Medtronic, Stryker and Johnson & Johnson's shares have fluctuated over the last five days.
Medtronic saw sales growth in its Mazor robotics, O-arm imaging and Midas-Rex devices, but an overall decrease in its cranial and spinal technologies revenue during the third quarter.
Spine device company MiRus said Feb. 23 that it will offer a lifetime limited warranty on its Molybdenum-Rhenium superalloy rod technology.
