NuVasive filed a lawsuit against former President, COO and Vice Chairman Patrick Miles for breach of fiduciary duties and contract violation after the executive resigned from the company to become Alphatec's executive chairman.
Spinal Tech
Implanet reported third quarter revenue grew 20 percent year-over-year.
Here are five device company mergers, acquisitions and agreements.
Mainstay Medical appointed Jason Hannon to its board of directors, effective immediately.
Synaptive Medical launched its Modus V.
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AxioMed closed its first round of funding, with its anticipated second round already securing $10 million in pledges.
Mazor Robotics received 22 system purchase orders in the second quarter, including 19 for the Mazor X system; Medtronic made 11 of those purchases. The company deepened its relationship with Medtronic over the quarter and expects revenue to continue growing.
K2M expects to report a 6 percent increase in third quarter revenue, totaling $62.7 million, lower than expected.
Here are 13 key notes on orthopedic and spine device companies from the past week.
Surgeons have performed more than 17,000 total knee replacements using OMNIlife sciences' OMNIBotics system.