Second-quarter net sales at NuVasive declined 30 percent to between $202 million and $205 million year over year, according to a preliminary unaudited report on July 20.
Spinal Tech
Potentially elevated endotoxin levels led Zimmer Biomet to issue a recall in Europe of certain polyethylene orthopedic implants for knees, hips and extremities.
Orthopedic implant manufacturer Orthofix has received clearance for its JuniOrtho plating system in the U.S. and Europe, according to a July 20 announcement.
Johnson & Johnson provided updates on its robotics offerings during a second-quarter earnings call transcribed by Seeking Alpha.
Spine device manufacturer Empirical Spine has completed enrollment for a clinical trial exploring the use of its LimaFlex Paraspinous Tension Band.
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The past month has seen increased M&A activity in the spine and orthopedic device industry.
An orthopedic surgeon at Rochester, Minn.-based Mayo Clinic completed the first shoulder arthroplasty procedure using Wright Medical's Blueprint Mixed Reality technology, according to a July 15 announcement.
The owner of a Georgia-based durable medical equipment company pleaded guilty to participating in a multimillion-dollar Medicare kickback and telemedicine fraud scheme, the Department of Justice announced July 14.
Johnson & Johnson's second-quarter orthopedic sales in the U.S. were down 34.7 percent year over year, at $869 million.
RTI Surgical shareholders have approved the sale of its original equipment manufacturer business to a private equity firm in a $480 million cash deal, according to a July 15 announcement.