Spinal Tech

Here are four key notes on spine and orthopedic device companies:

Parvizi Surgical Innovation acquired a minority share of hip replacement surgical device company Navbit Holdings.

Jeffrey Carlson, MD, successfully implanted an M6-C artificial cervical disc in a 53-year-old patient at Bon Secours/Mercy Health Mary Immaculate Hospital in Newport News, Va., Nov. 20.

Aurora Spine appointed Jana Kiena its new CFO, adding an executive with more than 25 years of experience.

Conventus Orthopaedics acquired all assets of IntraFuse Dec. 18.

The FDA cleared 49 orthopedic devices in November 2019.

Medtronic and Wilmington, Del.-based ChristianaCare inked a five-year agreement to develop and deploy value-based initiatives, according to a Dec. 16 announcement.

Aspen Surgical Products recently acquired orthopedic product provider Beaty Marketing & Sales, reports PE Hub.

The past decade has brought multiple billion-dollar acquisitions in the spine device and technology space as the largest orthopedics-focused companies grow even bigger.

A tight year-end legislative schedule and impeachment proceedings against President Donald Trump could prevent lawmakers from repealing a 2.3 percent tax on medical devices before it takes effect, MedTech Dive reports.