Stryker entered into a definitive merger agreement to acquire K2M for ~US $1.4BB in cash. The transaction is slated to close in 4Q18. For 2017, K2M posted revenue of $249.3MM, +8.8% vs. 2016.
Episurf Medical was granted its first patent in Canada (Episealer® Femoral Twin implant) and an additional patent in Australia (3D-based assessment of joint lesions).
LimaCorporate received two new ODEP ratings for the Physica ZUK unicondylar knee, and is reportedly one of the only uni knees to be awarded with a 10A benchmark.
SI-BONE's iFuse® system for sacroiliac joint fusion will be added to the List of Refundable Products and Services in France, and has exclusive French National Healthcare System coverage.
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.