Here are three orthopedic and spine device companies that recently launched or released devices:
Spinal Tech
Former Insys Therapeutics CEO Michael Babich was sentenced to 30 months in prison Jan. 22 for his role in a kickback scheme encouraging physicians to prescribe more opioids, Bloomberg Law reports.
Here are seven key notes on spine and orthopedic device companies:
Medtronic on Jan. 21 released three-month results from a clinical trial highlighting the effectiveness of Differential Target Multiplexed spinal cord stimulation in treating back pain, compared to traditional SCS.
The Intel board elected outgoing Medtronic CEO Omar Ishrak, PhD, as chairman, the company announced on Jan. 21.
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Johnson & Johnson reported worldwide orthopedic sales of $8.8 billion in 2019, a 0.5 percent dip compared to 2018.
Stephen Wohlert, PhD, on Jan. 21 was named vice president of manufacturing for Miach Orthopaedics.
Life Spine reported "significant growth" in 2019, with record revenues driven by high demand for micro-invasive technologies, the company announced Jan. 17.
Wright Medical stockholder John Thompson is suing the company to halt its proposed $4 billion acquisition by Stryker, according to a proposed class action filed Jan. 15 in Delaware federal court.
Spine developer Medicrea posted 2019 sales of $36.4 million, representing an 11 percent increase year-over-year.