Zimmer Biomet, Medtronic, Xtant Medical & more: 9 key notes

Spinal Tech

Here are nine key notes on orthopedic and spine device companies over the past week.

Dublin, Ireland-based Medtronic reported worldwide revenue of $7.3 billion in the second quarter of 2017, ended Oct. 28, 2016.

 

The FDA cleared Belgrade, Mont.-based Xtant Medical's Xsert Lumbar Expandable Interbody System.

 

Salt Lake City-based Amedica Corp. named Dana Lyons its new vice president of sales and marketing.

 

Kalamazoo, Mich.-based Stryker beat industry analysts and reported $1.39 earnings per share in the third quarter, an 11.2 percent year-over-year improvement.

 

Warsaw, Ind.-based Zimmer Biomet introduced its Comprehensive Vault Reconstruction System.

 

Atlanta-based Vertera Spine received an award for its COHERE Cervical Interbody Fusion Device.

 

Lyon-Ecully, France-based Spineway's capital increased nearly $1.49 million on Nov. 18, 2016.

 

EIT Emerging Implant Technologies received an investment from SHS Gesellschaft für Beteiligungsmanagement, both based in Germany.

 

Headquartered in Melsungen, Germany, B. Braun Medical joined forces with Israel-based Trendlines Group on an investment in ApiFix, a Trendlines portfolio company.

 

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