Johnson & Johnson agreed to pay more than $400 million to settle allegations the company sold defective artificial hips, a source familiar with the negotiations reported to Bloomberg.
Spinal Tech
Orthopedic medical device company EDGe Surgical has completed $4 million in financing for its electronic depth gauge device EDG Ortho 65mm.
Forbes named Medtronic among the nation's most JUST Companies in 2018.
Select Health of South Carolina now exclusively covers Paradigm Spine's coflex interlaminar stabilization device for lumbar spinal stenosis treatment.
Here are 22 orthopedic and spine device company mergers in 2018.
Spinal Elements is a spine technology company.
ZygoFix is ramping up its human clinical study of its zLOCK spinal facet joint fixation system.
Morgan Stanley analysts recently upgraded Smith & Nephew to "overweight," predicting the company's new CEO will help "reinvigorate top-line performance," according to a Proactive Investor report.
The outlook for the U.S. medical devices sector in 2019 appears positive, with an expected EBITDA growth increase and new product expansions, according to Moody's Investors Service global healthcare outlook report.
SI-BONE, a company focused on the minimally invasive approach to sacroiliac joint fusion, launched an initial public offering in October.
