The Intel board elected outgoing Medtronic CEO Omar Ishrak, PhD, as chairman, the company announced on Jan. 21.
Spinal Tech
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.
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Spine developer Medicrea posted 2019 sales of $36.4 million, representing an 11 percent increase year-over-year.
Integra LifeSciences posted an estimated 3 percent revenue increase over the past year in a preliminary earnings report.
Here are 11 key notes on spine and orthopedic device companies:
During Omar Ishrak's nearly nine years as Medtronic CEO, he has been tasked with growing revenue in emerging markets, navigating value-based care and stabilizing the company's spine business, MedCity News reports.
Ohad Arazi was named CEO of Zebra Medical Vision, the deep-learning medical imaging analytics company that partnered with DePuy Synthes in December.