6 Key Notes on Spine & Orthopedic Medical Device Companies

Here are six key notes on major spine and orthopedic device companies. 1. Stryker announced it will acquire MAKO Surgical, creator of the RIO Robotic Arm Interactive Orthopedic System, for approximately $1.65 billion at $30 per share.

2. Spinal Elements will have raised nearly $250,000 for children's charities in the first year of Hero Allograft sales. The company is also celebrating its one-year anniversary of launching the Hero Allograft at the North American Spine Society's convention in New Orleans on Oct. 10, and has donated nearly $250,000 for children's charities in the first year of allograft sales.

3. Raleigh, N.C.-based Baxano Surgical received distribution deals in Colombia, in Mexico and Turkey.

4. The first spine surgery featuring the San Diego-based NuVasive Precept posterior fixation system took place recently in Japan.

5. Chesterfield, Mo.-based ulrich medical USA moved its headquarters to a larger facility in the city to accommodate space for surgeon training, product labs and commercial meetings.

6. Carlsbad, Calif.-based Alphatec Spine will show off its product portfolio, including devices for minimally invasive spine, deformity, interbody, cervical and biologics, at the EuroSpine 2013 meeting Oct. 2 to 4 in Liverpool, U.K.

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