Stephen Wohlert, PhD, on Jan. 21 was named vice president of manufacturing for Miach Orthopaedics.
Spinal Tech
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.
Integra LifeSciences posted an estimated 3 percent revenue increase over the past year in a preliminary earnings report.
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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.
Spinal implant-maker Medicrea is soliciting U.S.-based strategic partners, which could lead to an acquisition or partnership.
RTI Surgical on Jan. 13 signed a definitive agreement to sell its OEM business to Montagu Private Equity in a $490 million deal.