Spine devicemakers Medtronic, Orthofix and Globus Medical shared their most recent financial results for the second quarter of 2024 and the first quarter of fiscal year 2025.
Spinal Tech
A New York City law firm filed a securities class action lawsuit against spine devicemaker Orthofix Medical.
Stryker signed a definitive agreement to acquire Vertos Medical, a pain management company.
Globus Medical launched the Adira extreme lateral interbody fusion plate system, according to an Aug. 21 news release.
SI-Bone earned FDA 510(k) clearance and breakthrough device designation for the iFuse Torq TNT implant system, according to an Aug. 21 news release.
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Here are four key developments from spine and orthopedic medtech companies since Aug. 14.
On the heels of a strong start for Medtronic's fiscal year 2025, CEO Geoff Martha credited one of the company's key product lines for spine growth in an Aug. 20 earnings call.
Medtronic posted $7.9 billion in sales for the first quarter of fiscal year 2025, according to an Aug. 20 news release.
At least four law firms have launched investigations into Globus Medical after the company received a warning letter from the FDA.
A judge has upheld a 2023 patent infringement verdict in favor of Globus Medical, according to Aug. 13 court documents filed in the U.S. District Court for the Eastern District of Pennsylvania.