Here are eight key notes on major spine and orthopedic device companies.
Warsaw, Ind.-based Zimmer Holdings' board of directors approved a quarterly dividend payment to stockholders of $0.20 per share for the fourth quarter of 2013, as well as a share repurchase program starting Jan. 1, 2014 that authorizes the purchase of up to $1 billion of common stock with no expiration date.
Minneapolis-based Medtronic will add 150 jobs and $6 million in improvements to two manufacturing plants in Puerto Rico.
Mazor Robotics announced that it will be included in the Tel Aviv Stock Exchange Top 75 Index and Top 100 Index, effective Dec. 15.
Arthrex's $85 million patent infringement loss to Smith & Nephew has been rejected by the U.S. Supreme Court, who has declined to hear Arthrex's appeal.
Cambridge, Mass.-based InVivo Therapeutics named Steven McAllister as its interim CFO as of Dec. 31.
Bacterin International crafted an agreement with OsTek Orthopaedics to distribute Bacterin's biologic products in Canada.
AxoGen will open a new distribution facility in Burleston, Texas, as part of an Economic Development Program between the city and the medical device company.
R. William Petty, CEO of Exactech, sold 10,000 shares of the company stock in a Dec. 5 transaction for a total of $236,700.