Here are 18 key notes on orthopedic and spine device companies from the past week.
Spinal Tech
Members of the medical device industry continue to staunchly advocate for the device tax's repeal and have explored several avenues to achieve their goal in the process, according to JD Supra.
Surgeons at Hadassah Hospital Ein Kerem in Jerusalem, Israel used Siemens' Artis Zeego and Mazor Robotics' Renaissance Guidance System to perform spine surgery. It was the first time the two robotic technologies have been used in tandem for spine surgery.
Despite huge profits in 2016 for Zimmer Biomet, the company experienced a production slowdown as it worked on quality and manufacturing systems issues related to integrating Biomet after acquiring the company in 2015, according to a Journal Gazette report.
Denver-based Advanced Orthopedics & Sports Medicine Specialists and Active Implants announced the first successful meniscus replacement procedures in Colorado have taken place.
The global vertebral compression fractures devices market is set to hit nearly $1.19 million by 2022, based on an Allied Market Research report, according to medGadget.
Cytokinetics reported its financial results for the first quarter of 2017.
Aurora Spine reported financial results for the 2016 fiscal year.
Surgical implant company RTI Surgical reported on its 2017 first quarter operating results and projected significant growth in the coming year.
Exactech reported first quarter 2017 revenue of $69.5 million, reflecting a 6 percent increase from $65.3 million in the first quarter of 2016.
