Globus Medical Acquires Stake in Synoste from Evonik
Globus Medical acquired all of Evonik's shares in Synoste, a Finnish startup. Synoste's limb-lengthening technology could bolster Globus' trauma business.
DJO Global Emerges as Buyer for Stryker Divestitures
To clear regulatory issues related to its purchase of Wright Medical, Stryker proposed DJO as a buyer for certain ankle and finger joint replacement lines.
DePuy Synthes Improvement Driven by Quicker U.S. Recovery
Orthopedic procedure volumes improved more quickly than expected in the U.S., helping DePuy Synthes close 3Q20 down -2.6% compared to the prior year.
Avoiding the Doom Loop: Innovation Realities for Orthopedic Startups
Startups must focus very tightly on a specific target market and value proposition to have the best chance of avoiding the doom loop of medtech innovation.
3Q Earnings Preview: Orthopedic Market Could Struggle to Maintain Momentum
While the orthopedic market recovered faster than expected in the second quarter, we saw indications of deceleration heading into the third quarter.
Surgalign Announces Agreement to Acquire HoloSurgical
Surgalign Holdings will enter the digital surgery space by acquiring HoloSurgical and it's Augmented Reality and Artificial Intelligence (ARAI) platform.
Integra LifeSciences to Sell Extremity Orthopedics Business to Smith+Nephew
Integra Lifesciences announced a definitive agreement to divest its Extremity Orthopedics business to Smith+Nephew for $240 million.
WishBone on a Mission to Bridge the Gap in Pediatric ...
CEO Nick Deeter says that 95% of children continue to receive adult orthopedic products that were never intended for them nor cleared by FDA for use in children. WishBone seeks to change the paradigm of pediatric orthopedics with its child-focused implants and sterile packaged disposable kits.
MicroPort Orthopedics Focuses on Portfolio Expansion During COVID Slowdown
The company's exposure in global markets caused revenue declines of -24% in 1H20, but MicroPort launched several new products to spur future growth
AK Medical Grows Double-Digits in China
The company grew in the high single digits for 1H20 as it benefited from provincial procurement tenders and the acquisition of Libeier.