Business
Zimmer Biomet Takes a Transformative Step with Spine and Dental Spin-Off
(MD+DI) – Zimmer Biomet is spinning-off its spine and dental businesses, a move that could unlock significant shareholder value. […]
business
Business
The new COVID-19 wave could be bad news for the medical device industry
(MassDevice) – Surging COVID-19 cases across the U.S. could hold medical procedures back for the rest of the year, according to a new report from UBS analysts. […]
Press Release
Stryker completes acquisition of Wright Medical
Stryker announced today that it has completed the previously announced acquisition of Wright Medical, a global medical device company focused on extremities and biologics. […]
Business
Stryker to Shed Assets to Get FTC Blessing for Wright Deal
(ODT) – The Federal Trade Commission will require medical device companies Stryker and Wright Medical to divest all assets related to Stryker’s total ankle replacements and finger joint implant products to remedy concerns that Stryker’s proposed $4 billion acquisition of Wright will harm competition in those markets. […]
Business
Should You Put Off Joint Surgery During COVID-19?
(MD+DI) – Orthopedic companies are anxious to get patients back into the operating room for hip and knee replacements. Zimmer Biomet recently launched an educational campaign in an effort to guide people with chronic joint pain on navigating joint surgery during COVID-19. […]
Business
How much is COVID-19 affecting procedure volumes for medtech?
(MassDevice) – UBS Financial Services released a report detailing how it expects medtech procedures to potentially keep dipping during the COVID-19 pandemic. The report highlighted a quicker-than-expected recovery in the second quarter after U.S. hospitals began canceling, delaying and deferring elective procedures in late March as the pandemic took hold. […]