Following a more than $1 billion-revenue year in 2022, Globus Medical had high expectations for 2023. This year, the company completed a multibillion-dollar merger and surpassed previous quarterly earnings.
Spinal Tech
New data from Orthofix found its M6-C cervical disc saw better outcomes than anterior cervical discectomy and fusion after 5 years.
Spinal Elements launced its Ventana 3D-printed interbody portfolio, according to a Nov. 28 news release.
Orthofix named Massimo Calafiore as its new president and CEO.
The Food and Drug Administration cleared 28 spine-related devices with 510(k) approval in October.
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Here are six spine and orthopedic medtech updates that Becker's has reported on since Nov. 14:
Stryker in 2023 has seen continued revenue growth and made progress with its spine portfolio.
Since the beginning of 2023, 16 new devices created by medical device company Medtronic have secured 510(k) clearance from the FDA, including several spinal and orthopedic devices.
Medtronic on Nov. 21 posted its financial results for the second quarter of the fiscal year 2024.
The last few years have been tough on spine device companies.