Here are four orthopedic and spine device companies that recently launched or released devices.
Spinal Tech
Johnson & Johnson and DePuy Orthopaedics settled ongoing litigation surrounding allegations the company used deceptive marketing claims for two metal-on-metal implants for $120 million, according to Reuters.
The 1,000th patient completed one-year of follow-up in X-Bolt Orthopaedics' World Hip Trauma Evaluation 4 study.
The Nottingham (U.K.) Trent University's medical design research group is developing robotic arms to assist in spine surgery, according to Zenopa.
Here are eight key notes from orthopedic and spine device companies in the past week.
Johnson & Johnson reported orthopedics sales decreased 1 percent in the fourth quarter of 2018 to $2.2 billion; for the full year, orthopedic sales dipped 1.9 percent to $8.8 billion.
European private equity firm Nordic Capital acquired majority holding in Orchid Orthopedic Solutions from Altor Fund III.
Johnson & Johnson reported fourth quarter and full-year results for DePuy Synthes, its orthopedics division.
Zimmer Biomet partnered with construction solutions company Profica, according to Engineering News.
It is estimated that 15 percent of joint replacements will fail, which can require revision surgeries.
