Zimmer Biomet announced it will spin off its spine and dental businesses into a new public company while it focuses on priority markets.

Consider new geographies early in your worldwide expansion based on ease of regulatory and reimbursement processes.

Executives from Stryker, Smith+Nephew and Medtronic offered advice to smaller companies that seek to be acquired and shared their own perspective on their strategies.

In 2020, well-positioned companies made surprising expansions, strategic shifts and small purchases with potential for big impacts.

Mr. Johnson founded Zavation, a spine company, and Superior Polymers, a PEEK manufacturer. He credits the foundational business principle to his success in orthopedics.

As the U.S. contends with the continued spread of COVID-19, hospitals maintain a grim outlook for 2020 and into 2021.