Orthofix named Massimo Calafiore as its new president and CEO.
Spinal Tech
The Food and Drug Administration cleared 28 spine-related devices with 510(k) approval in October.
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.
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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.
ZimVie in 2023 saw decreases in its revenue, but the company also saw milestones in its spine portfolio.
The top executives at large orthopedic and spine device companies received millions of dollars in total compensation for the 2022 fiscal year, according to reports filed with the U.S. Securities & Exchange Commission.
Boston Scientific closed its acquisitioon of Relievant Medsystems, which is behind the Intracept intraosseous nerve ablation system, according to a Nov. 17 news release.