Smith+Nephew reported single-digit revenue growth for both the fourth quarter and full year of 2019.
Spinal Tech
Here are seven key notes on spine and orthopedic device companies:
Wright Medical is launching a system to aid in hallux valgus correction surgery.
Medtronic reported its spine revenue was up 3 percent in the third quarter, but down slightly on an organic basis.
The FDA granted Additive Implants clearance Feb. 20 for its SureMAX-X cervical spacer, according to Business Insider.
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Johnson & Johnson plans to distribute at least 150 virtual reality headsets to U.S. surgeons through a partnership with startup Osso VR, two executives from Johnson & Johnson Medical Devices Companies told MedCity News.
Stryker ranked 8th in Fortune's 2020 100 Best Companies to Work For, according to Street Insider.
Medtronic reported a 2.3 percent increase in overall revenue for the third quarter of the 2020 fiscal year, hitting $7.7 billion.
More than five years after Medtronic acquired Covidien, a shareholder lawsuit is making headway, according to a report from The Star Tribute.
Regenerative medicine company Vivex Biologics appointed Chad Kolean as CFO Feb. 12.