4 Recent Spine & Orthopedic Company Expansions

Spinal Tech

NuVasive, based in San Diego, has relocated its United Kingdom office to an expanded location. The new facility is a two-story, 7,500-square-foot building in London.

Medtronic, based in Minneapolis, has purchased Cardiocom, a disease management patient monitoring firm, for $200 million. With the acquisition, Medtronic will expand its business into the reduction of chronic disease patient care costs market.

 

Orthofix has reorganized its business and now includes BioStim, biologics, spinal fixation, international extremity fixation and extremity fixation in the United States. The company will split its spine business into BioStim and Spinal Fixation.

 

Vertos Medical, based in Aliso Viejo, Calif., has recently closed a $23 million round of Series E financing to fund the U.S. commercial expansion and European launch of its mild procedure for lumbar spinal stenosis.

 

More Articles on Devices:
7 Spine-Focused Device Company Financial Reports
31 Spine & Orthopedic Devices Receive FDA 510(k) Clearance in July
5 Surgeons Appointed to Spine & Orthopedic Device Company Boards

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