Here are 19 key notes on orthopedic and spine device companies from the past week.
Mazor Robotics strengthened its leadership team with new appointments and expanded responsibilities:
● Oren Zarchin, PhD, will lead the company's new Product Development Group as vice president of product development, effective Aug. 1.
● Eli Zehavi will head the Advanced Technology Group as executive vice president of advanced technologies, effective Aug. 1.
● Joshua Belkar will serve in the newly created position of vice president of operations and service, effective July 16.
● Christopher Prentice, CEO of Mazor Inc. (U.S. Subsidiary), will take on the additional role of chief commercial officer, effective immediately.
● CFO Sharon Levita will take on the additional role of vice president of business operations, effective immediately.
Mazor Robotics is facing a class action litigation suit in the United States District Court for the Southern District of New York.
Stryker purchased NOVADAQ Technologies for $701 million.
In a report from Glassdoor, Stryker CEO Kevin Lobo was ranked No. 57 on Glassdoor's highest rated CEOs 2017 Employees' Choice list.
Stryker donated specialized drill sets, valued at $375,000, to Cincinnati-based Mayfield Education & Research Foundation.
Jon Stryker, an heir to the Kalamazoo, Mich.-based medical device giant Stryker, is the top philanthropist in the state of Michigan since 2000.
In 2016, Medtronic led the U.S. surgical navigation systems market, which is slated to reach $132.7 million by 2023.
Implanet received FDA clearance from U.S. and European regulatory authorities to market its updated JAZZ braid.
The FDA cleared Meditech Spine's Talos Lumbar (HA) Peek IBF.
K2M unveiled its SAHARA AL Expandable Stabilization System.
Pittsburgh-based Allegheny General Hospital joined InVivo Therapeutics' INSPIRE study.
SpineGuard announced its exclusive distribution agreement with XinRong Medical Group for PediGuard in China, Hong Kong and Macau.
DePuy Synthes launched its Distal Radius Sterile Kit, a pre-sterilized, single-use kit of instruments and implants to treat wrist fractures.
The FDA granted approval for ConforMIS' iTotal Hip system.
Zyga Technologies obtained a patent updating the company's SImmetry Decorticator.
Nuvectra filed a regulatory submission with the FDA for full-body MRI-conditional approval for its Algovita SCS system.
Camber Spine Technologies named Grant Newsom and Doug Wyciskalla new area sales directors.
The Medicrea Group earned FDA clearance for its UNiD HUB.
The Medicrea Group showcased its UNiD ASI technology for Adaptive Spine Intelligence at the State of Spine Surgery Think Tank in Los Cabos, Mexico, from June 15 to June 17.