Olympus acquired FH Ortho, a France-based orthopedic device company.
Spinal Tech
Medtronic has announced seven acquisitions so far this year, and CEO Geoff Martha said in a Sept. 29 letter to shareholders that more tuck-in acquisitions and minority investments are in the company's future.
A research team received $30,000 from New Haven-based Connecticut Innovations to develop a medical device to treat traumatic foot fractures, according to an Oct. 30 report from the Yale Daily News.
Device company Spinal Elements on Oct. 30 launched its Lucent XP wide expandable interbody device.
Here are seven key notes on spine and orthopedic device companies from the past week:
Fifteen leadership changes executed or announced by orthopedic and spine device companies in the past 90 days:
Medtronic USA will pay over $9.2 million to settle allegations that it footed the bill for expensive events benefiting South Dakota neurosurgeon Wilson Asfora, MD, to induce him to use certain implantable devices, the Department of Justice announced Oct. 29.
Chris Lo and Chloe Kent, writers at Medical Device Network, discussed the viability of single-use medical devices due to the COVID-19 pandemic. Here are key points from each side of the Oct. 27 opinion piece:
CMS proposed Medicare coverage and payment policy changes on Oct. 27 for durable medical equipment, prosthetics, orthotic devices and supplies.
In a Sept. 29 letter to shareholders, Medtronic CEO Geoff Martha reflected on financial challenges created by the COVID-19 pandemic and outlined the company's strategy going forward.
