Stryker plans to lay off more than 500 employees by the end of December as it closes its Lakeland, Fla. facility, according to a WARN notice.
Spinal Tech
Medical technology company Surgalign saw a $3.9 million dip in revenue in the first quarter of 2023 as compared with the same period last year, according to the company's first quarter financial report, released on May 11.
NuVasive on May 10 posted first quarter sales of $307.7 million.
Orthofix on May 9 posted $175.2 million in first quarter revenue.
Intelivation Technologies' Golden Isles minimally invasive screw system was launched, the devicemaker said May 9.
Happe Spine's Integrate-C interbody fusion system earned FDA 510(k) clearance, the devicemaker said May 8.
Surgalign launched Holo AI Insights for neurovascular research, the medtech company said May 8.
Globus Medical's planned merger with NuVasive will likely close in the third quarter of 2023 instead of mid-year, CEO Dan Scavilla said in a May 4 first quarter earnings call.
Globus Medical on May 4 posted first quarter sales of $276.7 million.
OrthoPediatrics launched its Response Power system for scoliosis, the devicemaker said May 4.
