Medtronic finalized the $1.7 billion acquisition of Mazor Robotics after making a series of investments over the past two years.
Spinal Tech
Two months after Medtronic co-founder Earl Bakken's death, the company's CEO Omar Ishrak and previous CEOs gathered with hundreds of mourners for the late innovator's memorial service at the University of Minnesota in Minneapolis, according to the Star Tribune.
The global orthopedic device market is expected to reach $47.5 billion by 2022, according to a Market Research Engine report.
Here are 12 key notes from orthopedic and spine device companies in the past week.
Smith & Nephew agreed to purchase Ceterix Orthopaedics for up to $105 million.
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John Viscogliosi is the chairman and CEO of Centinel Spine. He is also a founding member and principal of Viscogliosi Brothers, a private equity firm focused on the orthopedic industry.
Jocelyn Idema, DO, recently implanted Centinel Spine's newest generation of its prodisc L lumbar artificial disc replacement.
VGI Medical is a spine device company.
Johnson & Johnson issued a new share-repurchase plan to buy back $5 billion in stock, according to Market Watch.
WishBone Medical signed a licensing agreement for its guided growth plating system for children with deformed limbs.