Conformis reported $17.3 million for third quarter total revenue, down 40 percent for the same period last year.
Spinal Tech
NuVasive posted $290.8 million in total revenue for the third quarter, an increase of 7.2 percent year-over-year.
Here are seven key notes on spine and orthopedic device companies:
The FDA granted Implanet a 510(k) clearance for the cemented version of its Madison total knee prosthesis.
Stryker reported a 10.6 percent net sales increase during the third quarter as it continues to add to its portfolio.
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In the third quarter of 2019, Orthofix reported a net loss of $40.5 million, a 3,244 percent decrease year-over-year.
A California court dismissed a portion of a labor lawsuit against Zimmer Biomet and its affiliates because the person bringing the case was found to be exempt from federal and California labor laws, Bloomberg Law reports.
Several plants that sterilize essential surgical tools with ethylene oxide have shut down, leaving hospitals vulnerable to supply shortages, CBS News reports.
Johnson & Johnson Medical Shanghai entered into a co-marketing agreement and research and development agreement with the orthopedic robotics market leader in China, Tinavi.
The United States Patent and Trademark Office granted Spineway a patent for its minimally invasive surgery technology Mont-Blanc MIS.