Here are 11 key notes on major spine and orthopedic device companies.
Spinal Tech
Only 19 percent of physicians and residents could correctly estimate the prices of 13 common orthopedic devices, according to a new study from Health Affairs.
Minneapolis-based Medtronic purchased New Jersey-based Tyrx for $160 million, according to a Minneapolis/St. Paul Business Journal report.
The Food and Drug Administration granted 19 spine-related device clearances in December.
DePuy Synthes Spine has collaborated with DePuy Synthes Biomaterials to launch the CONFORM SHEET, a demineralized cancellous bone matrix for posterolateral spinal fusion surgery.
San Jose, Calif.-based SI-BONE announced its iFuse Implant System has been used in 10,000 procedures worldwide with more than 29,000 iFuse implants in place.
InVivo Therapeutics received conditional approval from the U.S. Food and Drug Administration to make changes in the protocol of its degradable polymer scaffold clinical trial, according to a Mass Device report.
The global minimally invasive surgery market is expected to reach a market value of $50.6 billion by 2019, according to a Transparency Market Research report.
Globus Medical received a patent for its transverse fixation device for spinal fixation systems.
Carlsbad, Calif.-based Alphatec Holdings has appointed Mike Plunkett to succeed Pat Ryan as chief operating officer.
