Several medical device companies that include orthopedic products were honored at the MedTech Breakthrough Awards, which recognizes the top digital health and medical technology companies across the globe.
Spinal Tech
Here are eight key notes on spine and orthopedic device companies:
Cesca Therapeutics commenced a one-for-10 reverse stock split of its common stock June 4.
HD LifeSciences recorded the successful implant of its 1500th Hive Technology cage which is utilized in interbody spinal fusions, reports Business Insider.
Tyber Medical plans to renovate a current facility and build a new one as the company's needs grow, according to a report in Lehigh Valley Live.
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Conventus Orthopaedics, a company focused on orthopedic fracture treatment, named a new CEO.
The FDA approved Ignite Orthopedics' radial head arthroplasty system, marking the company's first 510(k) clearance.
Smith & Nephew closed its acquisition of Brainlab, boosting its orthopedic joint replacement business.
The FDA wants to reclassify surgical staplers as class 2 medical devices rather than class 1, a decision that would subject them to additional controls, Medscape reports.
Misonix, a developer of minimally invasive therapeutic ultrasonic devices, received 510(k) FDA clearance for Nexus, its new integrated ultrasonic surgical platform.