Wright Medical is acquiring Cartiva, a manufacturer of the Synthetic Cartilage Implant to treat arthritis in the great toe, for US $435MM. The transaction is expected to close in 4Q18.
7D Surgical entered into an exclusive partnership with LifeHealthcare Group for Australia and New Zealand distribution of its Machine-Vision Image Guided Surgery platform for spine procedures.
First U.S. surgeries have been performed with Silony Medical's VERTICALE posterior double rod fixation system, used for stabilizing the thoracic and lumbar spine.
Zimmer Biomet received an FDA Warning Letter related to observed non-conformities with current good manufacturing practice requirements at the company's North Campus facility in Warsaw, Indiana.
Centinel Spine completed initial cases with three different implant portfolios within its FLX platform of Integrated Interbody and non-integrated 3D-printed interbody fusion devices.
The 21 companies we track collectively grew +3.6% in 1H18 vs. 1H17, still on pace to reach our estimates of +3.7% in orthopaedic industry growth for 2018 vs. 2017.
To measure and improve patient care, NASS has launched a diagnosis-based clinical data registry to track outcomes. The web-based platform will allow healthcare providers to collect and analyze their spine care data and compare it to the de-identified data in the entire registry.