Here are 24 key notes on orthopedic and spine device companies from the past week.
Spinal Tech
The rising incidence of arthritis and an aging population will boost the global pedicle screw systems market, based on a Future Market Insights report, according to medGadget.
Investing News Network identified the top five performing medical device stocks on NASDAQ from the beginning of the year to July 12. The leading companies have market caps of less than $500 million.
Premia Spine initiated the full market release of its Nexux System in Germany.
SeaSpine reported the limited commercial launch of its Skipjack Expandable Interbody System.
Zimmer Biomet released expected preliminary second quarter financial reports and addressed production lag at the legacy Biomet manufacturing site in Warsaw, Ind. The results were released the same day David Dvorak stepped down from his role as CEO after leading…
The U.S. Federal Trade Commission granted Jana Partners clearance to purchase Zimmer Biomet shares, would allow the hedge fund to purchase additional stake in the company, according to Reuters.
Olympic sprinter James Ellington partnered with Invibio Biomaterial Solutions and CarboFix Orthopedics to support patients recovering from traumatic injuries.
U.S. District Judge Robert Jonker in Grand Rapids, Mich., found in favor of Stryker Corp., in a patent infringement case against Zimmer Biomet and awarded the orthopedic device company giant $248.7 million, according to Reuters.
Pinnacle Spine Group received a new patent for in situ graft delivery to a fusion device.
