Financial & Deals
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Spine/Neurology
Stratus Medical Acquires RF Device to Treat Chronic Pain
Nimbus radiofrequency (RF) device provides a large volume and optimally shaped lesion to treat pain.PR Newswire 01.15.20
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Spine/Neurology
RTI Surgical Sells OEM Biz to Become Pure-Play Spine Firm
The OEM business was sold to European private equity firm Montagu for $480 million.Globe Newswire 01.14.20
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Spine/Neurology
Medtronic Buys Stimgenics to Boost Pain Therapies
Stimgenics' DTM waveform may engage a novel mechanism that modulates both neurons and glial cells.GlobeNewswire 01.09.20
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Machining & Tooling
Glebar Company Announces the Acquisition of Tridex Technology
Adds electrochemical grinding (ECG) for both cutoff and precision grinding solutions.Glebar Company 01.06.20
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OrthoPediatrics Sells Off Vilex Adult Business
Squadron Capital LLC has purchased the Vilex adult business assets and will operate that company as Vilex LLC.GlobeNewswire 01.06.20
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Extremities | Large Joint
Anika Therapeutics to Acquire Parcus Medical and Arthrosurface
Broadens joint preservation and restoration product portfolio.Anika Therapeutics 01.06.20
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Medical Device Tax Is Officially Eliminated
President Trump signed into law the 2020 spending bill, repealing the tax.Sam Brusco, Associate Editor 12.23.19
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Trauma/Sports
Conventus Acquires Intramedullary Tech from IntraFuse
This marks the first step of Conventus' intended expansion into lower extremity orthopedics.PR Newswire 12.18.19
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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
