NuVasive's premarket target price jumped up while Smith & Nephew's dropped Feb. 11, amid rumors about the companies, according to Seeking Alpha.
Spinal Tech
In 2018, Smith & Nephew reported revenue increased 3 percent, but profits dropped after implementing a new operating model.
The FDA cleared 41 orthopedic-and spine-related devices in January.
The global medical robotic systems market is expected to top $6.5 billion by 2024, growing at a 14.5 percent compound annual growth rate, according to a Market Search Engine report.
The global spinal fusion market is predicted to exceed $1.2 billion by 2027, growing at a 5.4 percent compound annual growth rate, according to a Future Market Insights report.
Advertisement
Misonix released its financial results for the fiscal 2019 second quarter ended Dec. 31, 2018.
The global spinal stenosis implants market is expected to grow at a 5.7 percent compound annual growth rate through 2026 due to the growing prevalence of osteoarthritis, according to a Persistence Market Research report.
Trice Medical plans to acquire S.E.G-WAY Orthopaedics, a producer of minimally invasive orthopedic solutions.
Medical device developer Cook Medical was ordered to pay a patient $3 million in one of three bellwether cases that went to federal court over the company's blood-clot filters, according to the Indiana Business Journal.
Orthopedic surgeon Nicholas Frisch, MD, will participate in Zimmer Biomet's mymobility clinical study, which aims to analyze joint replacement patients' experiences through the company's new app.