Spinal implant developer Safe Orthopaedics on May 6 entered into exclusive negotiations to acquire LCI Medical, which supplies device manufacturers in the spine and hip surgery market.
Spinal Tech
Here are six key notes on spine and orthopedic device companies:
Johnson & Johnson settled a September 2019 lawsuit alleging that it unlawfully marketed its surgical mesh devices and hip replacement systems, West Virginia news outlet WDTV reports.
Additive manufacturing has been hailed as the next industrial revolution for medical devices. It’s a means of production well suited for rapid prototyping and complex, personalized designs. Grand View Research in 2019 reported an estimated annual growth rate of 20.8…
Disappointing quarterly earnings are tanking shares as investors react to the first quarter affected by the COVID-19 pandemic.
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Zimmer Biomet will post its first-quarter financial results on May 11 with investors anticipating a revenue drop of roughly 10 percent due to the COVID-19 pandemic, according to Zacks Equity Research.
Zimmer Biomet recently donated personal protective equipment to the rehabilitation unit at St. Joseph's Hospital in Ennis, Ireland, The Clare Herald reports.
NuVasive on May 5 expanded its advanced materials science implant portfolio with two FDA 510(k) clearances and one device launch.
Safe Orthopaedics on May 4 began easing some of the partial activity measures for its German commercial team.
Stryker Chairman and CEO Kevin Lobo addressed several key trends for the company over the next few months and year during the first quarter conference call, as transcribed by Seeking Alpha.