Quarterly earnings reports boosted share value despite COVID-19 affecting the tail end of the fiscal quarter.
Spinal Tech
Aetna allegedly violated its duties under state law and the Employee Retirement Income Security Act by suddenly refusing to cover customized total knee implants, according to a lawsuit filed May 8 in the United States District Court for the District…
Nexxt Spine on May 12 onboarded James Abraham as chief operating officer.
Precision Spine launched its Slimplicity HP Anterior Cervical Plating System to allow surgeons to accommodate diverse patient anatomies and pathologies during surgeries.
Zimmer Biomet on May 11 posted a first quarter net loss of $509 million, dropping from a net profit of $246.1 million for the same period last year.
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Conventus Orthopaedics signed a definitive agreement April 30 to acquire Flower Orthopedics.
Spinal implant manufacturer ChoiceSpine recently onboarded Andy Broyles as its first chief financial officer, Knox News reports.
In NuVasive's first quarter earnings call on May 6, CEO Chris Barry expanded on the company's financial standing and discussed how the company is monitoring the return to elective spinal surgeries at U.S. hospitals, as transcribed by The Motley Fool.
NuVasive on May 6 posted first-quarter GAAP net income of $5.3 million, representing a 43.6 percent decrease year over year.
Camber Spine on May 7 launched the Spira-C integrated interbody system and the Fortico anterior cervical plating system.