San Diego, Calif.-based NuVasive has acquired ANC, a spine implant manufacturer based in Dayton, Ohio. 
NuVasive will pay approximately $4.5 million for the company, which NuVasive has been involved with since 2010 as a manufacturing partner. Company executives said the deal will reduce the time for NuVasive device development; all 65 ANC employees will be retained.
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NuVasive will pay approximately $4.5 million for the company, which NuVasive has been involved with since 2010 as a manufacturing partner. Company executives said the deal will reduce the time for NuVasive device development; all 65 ANC employees will be retained.More Articles on Devices:
DePuy Receives FDA Supplemental Pre-Market Approval for Hip Devices
Smith & Nephew Revenue Down 4 percent in Q1, $300M Share Buyback Announced
Study: Limiting Device Company, Provider Relationships Could Hurt Innovation