Medtech company Smith+Nephew surpassed $5 billion in 2023 revenue, according to its Feb. 27 financial report.
Spinal Tech
Spine devicemaker SI-Bone saw $138.9 million in revenue in 2023, the company said Feb. 26.
Aclarion, a company focused on spine pain diagnostics, listed a $3 million public offering, the company said Feb. 26.
In the last 11 months, several orthopedic and spine devicemakers have gone to court to defend their patents.
Spine devicemakers took important steps forward in innovation in 2023, and many are gearing up for exciting plans in the months ahead.
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Michael Gallizzi, MD, completed the first procedure using Globus Medical's Victory lumbar plate system at Vail Valley Hospital Center in Vail, Colo., according to a Feb. 21 post on the devicemaker's Instagram profile.
Doron Tavlin, a former vice president of Mazor Robotics, was convicted by a federal jury for insider trading ahead of Mazor's acquisition by medical device company Medtronic.
Globus Medical ended 2023 on a high note with full year sales of $1.6 billion, a 53.3% increase from 2022, and the company doesn't plan to take its foot off the gas.
Centinel Spine earned coverage from a large commercial payer in Tennessee for one- and two-level lumbar disc replacement, the devicemaker said Feb. 21.
Globus Medical on Feb. 20 posted significant revenue growth for the fourth quarter and full year in 2023.