Moody's Investors Service raised its outlook for the U.S. medical products and devices industry from "stable" to "positive," in part because of a bounce-back in procedure volumes.
Spinal Tech
Despite the pandemic, Medtronic is still focused on growth in the spine arena and CEO Geoff Martha said the company exceeded growth expectations during the 2020 Morgan Stanley Global Healthcare Conference.
The FDA approved 27 orthopedic devices in August.
The FDA approved 16 spine devices in August.
Camber Spine has appointed Max Painter global vice president of sales and marketing, according to a Sept. 16 news release.
Aidoc, an artificial intelligence-powered medical imaging company, has raised $20 million in a series B financing round, Venture Beat reported Sept. 16.
Here are five key notes on orthopedic and spine device companies from the week:
Spinal implant manufacturer CoreLink has launched its oblique lumbar interbody fusion instrument set.
Here's how Medtronic, Stryker and Johnson & Johnson's shares have fluctuated over the last five days.
7D Surgical has completed its largest financing round to date, according to a Sept. 15 announcement.
