Geoff Martha has assumed the position of CEO of Medtronic after the April 26 retirement of Omar Ishrak, a pioneer in the spinal device industry. Stepping down after nine years as CEO, Mr. Ishrak will now serve as executive chairman.
Spinal Tech
Wright Medical moved closer to finalizing a transaction with Stryker and announced COVID-19-related pay reductions, according to the Daily Memphian and Reuters.
Despite bans on elective orthopedic procedures, large device companies have successfully pivoted to weather the COVID-19 pandemic.
The FDA on April 28 granted Life Spine 510(k) clearance to market implant and instrument additions to its ARx spinal system.
Anika Therapeutics made its interim CEO and president Cheryl Blanchard, PhD, permanent April 26, the company announced.
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Aurora Spine, a Toronto, Canada-based spinal implant manufacturer, on April 27 received loan proceeds of $450,877 under the Paycheck Protection Program, as part of the Coronavirus Aid, Relief and Economic Security Act.
Medtronic Executive Chairman Omar Ishrak recently appeared on CNBC's "Squawk on the Street" to discuss COVID-19 and resuming medical procedures for non-urgent, non-COVID-19 patients.
Stryker reported executive pay reductions in an SEC filing on April 27 due to the pandemic.
A Johnson & Johnson spinal engineer recently 3D-printed 350 face shields for healthcare workers in Pennsylvania, Chestnut Hill Local reports.
Here are 16 devices the were launched this year so far: