1. Toronto-based Titan Medical received an $8.3 million payment from Medtronic for hitting the final milestone under their development and license agreement and has retired the senior secured loan from the medtech giant.
2. Stryker and Zimmer Biomet received a 100 percent rating on the Human Rights Campaign’s 2022 Corporate Equality Index.
3. Kleiner Device Labs, a startup founded by Jeff Kleiner, MD, has acquired 23 U.S. patents for its spine technologies and plans to break into the spinal fusion market, currently valued at $14 billion.
4. Stryker posted $4.7 billion in fourth-quarter net sales, with full-year sales increasing 19.2 percent to $17.1 billion compared to 2020.
5. Andrew Morton has been named chief human resources officer at NuVasive.
6. VySpine’s ClariVy cervical IBF system for anterior cervical discectomy with fusion cases was cleared by the FDA.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.