Fuse Medical reported its first quarter 2019 financial results, posting a revenue drop of 20.54 percent.
Spinal Tech
Indiana-based medical device company CSpine has been acquired by WishBone Medical, a global pediatric orthopedic company.
Medtronic plans to divest its orthopedics business after unsuccessful attempts to break into the knee and hip implant arena, according to the Minneapolis / St. Paul Business Journal.
Boston Scientific acquired Vertiflex, developer of the Superion Indirect Decompression System.
Here are 10 key notes on spine and orthopedic device companies:
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Johnson & Johnson will pay about $1 billion to settle 95 percent of the 6,000 cases pending against the company's Pinnacle hip implants, which left several unable to walk, Bloomberg reports.
The FDA cleared 27 orthopedic and spine related devices last month.
AMB Surgical received $50,000 in grant funding after winning the Make Your Medical Device Pitch for Kids competition, the Dayton Daily News reports.
Research published by English researchers found that 8 out of 10 knee implants and 6 out of 10 hip implants last 25 years, MachineDesign reports.
Medical device manufacturer Medtronic today revealed results from a three-month post-market clinical study of spinal cord stimulation through its EvolveSM workflow, endorsing effective pain relief and improved function in patients with chronic intractable back and leg pain.