Stryker CEO Kevin Lobo's total compensation grew from $18.6 million in 2022 to about $20.8 million in 2023, according to a recent Securities and Exchange Commission proxy filing.
Spinal Tech
ZimVie has closed on the sale of its spine business to global investment firm H.I.G. Capital. The spine business will now operate as Highridge Medical, based in Westminster, Colo.
NovApproach Spine recently completed its first case using its OneLIF interbody spinal fusion system with a patient positioned laterally.
Here are eight key updates from spine and orthopedic devicemakers since March 13:
Three spine and orthopedic medtech companies provided updates related to acquisitions during the first quarter of 2024.
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PathKeeper Surgical inked a know-how partnership with Rochester, Minn.-based Mayo Clinic to research radiation in pediatric spine surgeries.
Neuralink revealed details about its first human patient, a man who suffered a spinal cord injury after a diving accident, NBC News reported March 20.
Sacroiliac joint fusion with PainTEQ's LinQ SI joint fixation system was found to have improved recovery after one year, according to a study from the devicemaker.
Globus Medical director Leslie Norwalk sold 10,590 shares of the company's Class A common stock, according to a March 15 SEC filing.
Spine devicemaker Spineart raised $22.5 million in convertible financing shortly after finishing enrollment for its cervical disc replacement trial.