TPG Capital offered Exactech $737 million to buy the medical device company, an increase to its initial offer in October, according to Reuters.
Spinal Tech
The global spinal fusion devices market is set to hit nearly $10.97 billion by 2025, based on a Transparency Market Research report.
Mazor Robotics CEO Ori Hadomi is under investigation by the Israel Securities Authority following its latest agreement with Medtronic, according Calcalist.
Precision Medical Technologies is opening a third facility in Indiana, according to The Journal Gazette.
Here are 14 key notes on orthopedic and spine device companies from the past week.
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Globus Medical reported clinical results from its seven-year trial follow-up on the SECURE-C Cervical Artificial Disc.
SpineGuard received the first order of PediGuard in China from XinRong Medical Group.
K2M, a company focused on achieving 3-D Total Body Balance, recorded its 300th surgical spine case using its Rhine Cervical Disc System.
Stryker subsidiary Howmedica Osteonics, an orthopedics manufacturer, settled a trade secret disagreement with Zimmer Biomet, according to Life Sciences Intellectual Property Review.
Four U.S. surgeons performed the first spine surgeries with Emerging Implant Technologies' implants.