Stryker could divest assets to acquire Wright & more: 5 device company key notes

Here are five key notes on orthopedic and spine device companies from the past week: 

Advertisement

Stryker proposed divesting certain assets in connection to its planned acquisition of Wright Medical, which is under review by the Federal Trade Commission, according to a filing with the Securities and Exchange Commission. Read more

Medtronic is embarking on a restructuring plan expected to create annual savings of $450 million to $475 million by fiscal year 2023, according to a Sept. 1 filing with the Securities and Exchange Commission. Read more.

India Medtronic, a subsidiary of Medtronic, on Sept. 8 launched the Sonicision curved jaw cordless ultrasonic dissection system.

The first total knee replacement using Pixee Medical’s Knee+ augmented reality system was recently completed in France.

Spinal implant manufacturer CTL Amedica has received FDA clearance for its Mondrian lumbar interbody fusion cage, according to a Sept. 2 news release.

More articles on specialty practice:
3 ASC developments worth over $10M
7 critical steps for financial success in your ASC
10 most common procedures in ASCs

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.