Globus Medical CEO Daniel Scavilla's salary rose to $4.6 million in 2023, according to the company's April 26 Securities and Exchange Commission proxy filing.
Spinal Tech
Spinal Simpicity's Patriot-SI posterior implant system for sacroiliac joint fusion earned FDA 510(k) clearance.
Three former Orthofix executives who were fired in 2023 filed arbitration claims alleging wrongful termination, the medtech company said in its April 29 proxy statement.
Stryker is making strides in its spine robot launch and saw strong spine business growth in the first quarter of 2024, leaders said in an April 30 earnings call.
From layoffs to quarterly updates, here are nine updates from spine and orthopedic medtech companies since April 24.
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Stryker saw a 9.7% year-over-year increase in sales during the first quarter of 2024, according to financial results posted April 30.
Aurora Spine saw fourth quarter growth in 2023, according to financial results posted April 29.
Robotic spinal surgery navigation company SpinEM Robotics has closed a series A2 funding round, securing an $11 million investment from spine surgery innovator Spineart.
Medtronic is laying off 44 employees from its Carlsbad, Calif., facility, according to an April 25 WARN notice.
Rebecca Whitney has been named CEO of spine devicemaker Highridge Medical, according to an April 29 LinkedIn post.