Financial & Deals
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Tyber Medical Opens $8M Office and Manufacturing Facility
Creates about 30 additional jobs for Lehigh Valley's second-fastest growing company.PR Newswire 12.10.19
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Extremities
CrossRoads Extremity Systems Acquires Implant Systems from Surgical Frontiers
The add-on acquisition furthers CrossRoads' strategy to build a market-leading company in the high-growth orthopedic extremities sector.PR Newswire 12.04.19
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MIS/Robotics | Packaging & Sterilization
Anxious Undertones: A Review of 2019
Despite a healthy U.S. economy and solid corporate growth, the medtech industry was wracked with worries in 2019.Michael Barbella, Managing Editor 12.02.19
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Exactech Acquires Italian Distributor
The deal gives Exactech direct operations in eight global markets with distribution in more than 35 countries.Businesswire 11.25.19
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Smith+Nephew Invests in Non-Profit Fund
TEAMFund seeks to improve patient access to medical technology in low-resource settings.Smith+Nephew 11.18.19
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Spine/Neurology
Nuvectra Files for Chapter 11 Bankruptcy
Court-supervised process has no impact on safety or functionality of Algovita device; company continuing to support physicians.Nuvectra 11.14.19
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Spine/Neurology
Nexxt Spine Expands Noblesville, Ind. Campus
Construction is set to begin in June 2020 and the facility will be fully operational by December 2020.Nexxt Spine 11.12.19
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MIS/Robotics
NSF Grant Provides Next Step for Assistive Walking Exoskeletons
The grant comes from a newly introduced program within the NSF called the Mind, Machine and Motor Nexus (M3X).Penn State 11.11.19
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Stryker to Acquire Wright Medical
Deal valued at approximately $5.4 billion.Globe Newswire 11.04.19
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Extremities
Osteotec Ltd. Acquired by Ortho Consulting Group Holdings
Osteotec specializes in the manufacture, sale and distribution of niche orthopadic products for use in upper and lower limb extremity surgeries.PR Newswire 10.30.19
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WishBone Medical Signs Distribution Agreement with Optimal
Companies join forces to reach children with orthopedic issues.WishBone Medical 10.29.19
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AdvaMed President and CEO Writes Letter to Trump
Seeks President’s support for medical device tax repeal.AdvaMed 10.17.19
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Coatings/Surface Modification | Contract Manufacturing
CoorsTek Medical Becomes Lincotek Medical
Rebranding Unitedcoatings Group's recent acquisition is the first step to integrate the entity into the global medical business.Unitedcoatings Group 10.11.19
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Spine/Neurology
$6.3M DARPA Grant Awarded to Develop 'Intelligent Spinal Interface'
The technology is aimed at helping to restore limb movement and bladder control for people who have suffered spinal cord injuries.Brown University 10.08.19
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Medical Device Tax Risks U.S. Global Competitiveness, Report Concludes
The 2.3 percent tax is currently suspended until Dec. 31.Advanced Medical Technoloby Association 10.04.19
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Arch Acquires Jade Precision Medical Components and Jade Equipment Corporation
Grows its medical division.Arch Global Precision 10.02.19
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3-D Printing/Additive Mfg. | Spine/Neurology
PrinterPrezz, Osseus Partner to Develop 3D-Printed Spine Implants
Firms plan to submit applications for multiple spine devices to FDA in 2019.Business Wire 09.27.19
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Coalition Urges Congress to Repeal Device Tax
MDMA, AdvaMed, MITA, and a broad coalition of stakeholders sent letter to Capital Hill seeking permanent repeal.Medical Device Manufacturers Association 09.25.19
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Integra LifeSciences Acquires Rebound Therapeutics
Adds minimally invasive platform for neurosurgery.Globe Newswire 09.09.19
