Here are 11 key notes for orthopedic and spine device companies in the past week.
Spinal Tech
The global spine surgery products market is anticipated to grow at a 5.8 percent compound annual growth rate through 2025, based on a Transparency Market Research report, according to Facts Week.
Diamond Orthopedic received FDA 510(k) clearance for its sterile-packaged faceted bone screw technology.
CoreLink acquired Israel-based Expanding Orthopedics, a privately held medical device developer.
3T Medical Systems acquired Stryker's ConstaVac CBCII product line, according to Crain's Detroit Business. Details of the acquisition were not disclosed.
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Medtronic unveiled its strategic growth roadmap for creating long-term shareholder value at the 2018 Medtronic Institutional Investor and Analyst Day in New York City.
Tricare now covers lumbar artificial disc replacements with Aesculap Implant Systems' activL Artificial Disc for active duty and retired military personnel and their families.
Stryker is now expected to face a bribery case against Brazilian insurer Associacao Brasileira de Medicina de Grupo, also known as Abramge, in the U.S. court system, according to Reuters.
Stryker Orthopedics expanded its hip implant safety notification by recalling eight products using LFIT Anatomic CoCr V40 Femoral Heads manufactured before March 4, 2011.
Safe Orthopaedics unveiled a deal to acquire Qspine's sales force.