Xtant Medical and Pinnacle Spine entered into a joint agreement to expand distribution of Pinnacle’s InFill® Lateral Lumbar Interbody Fusion system.
Medtronic acquired Responsive Orthopedics, a start-up focused on sales of low-cost hip and knee replacements. A primary knee is slated for commercial U.S. availability within 1H17, followed by a primary hip in 1H18.
Zimmer Biomet entered into a definitive agreement to acquire LDR for US $37/share in cash, for a transaction valued at ~$1.0BB with an expected 3Q16 close.
Flower Orthopedics commenced full market launch of Flower E-Kit™, containing all required cannulated and plating instruments for midfoot, forefoot and ankle in one single-use package.
NuVasive (NUVA) entered into a definitive agreement to acquire Biotronic NeuroNetwork, a U.S. provider of intraoperative neurophysiological monitoring services, for US $98MM in cash.Â
On 5/31/16, Zimmer Biomet received an FDA Warning Letter regarding observed non-conformities at the company’s Zimmer CAS/ORTHOsoft facility in Montreal, Quebec, Canada.