Medicrea announced that it entered into an agreement to be acquired by Medtronic at a price of €7 (USD $8.01) per share with a 2020 estimated close date.
We expect 2Q20 orthopedic performance above consensus projections, but the U.S.’s inability to check the spread of COVID-19 will slow market recovery.
The rod-screw system includes polyaxial, reduction, and iliac screws, and is compatible with ulrich medical USA's neon3 Universal OCT Spinal Stabilization.
The Proprio system integrates robotics, artificial intelligence and computer vision to simplify surgical workflow, improve accuracy and reduce radiation.
Increasing adoption of enabling technology, company consolidation through M&A, and accelerating growth of outpatient centers are COVID-proof orthopedic trends that will shape the market in 2021 and beyond.
Enrollment of the FORTIFY study on CERAMENT G has been completed, with 198 subjects enrolled. BONESUPPORT expects to submit a PMA application in late 2021.