Business
Conformis to lay off 10% of workforce
(MassDevice) – Conformis said yesterday that it plans to lay off about 10% of its workforce as it aims to put black ink in the ledger in 2021. […]
business
Press Release
Colfax to Acquire DJO Global for $3.15 Billion in Cash
Colfax , a leading diversified technology company, today announced it has entered into a definitive agreement to acquire DJO Global from an investor group led by private equity funds managed by Blackstone for $3.15 billion in cash. […]
Business
A Spine-Surgery Robot Turned This Entrepreneur Into A Billionaire. But How Well Does His Robot Work?
(Forbes) – When David C. Paul traveled to Phoenix in 2013, he saw the future of spinal surgery: a robot prototype called the Excelsius GPS. Nicholas Theodore, one of the robot’s inventors, remembers Paul being immediately impressed. […]
Business
HS&M | Top 50 Medical Device Companies – 2018
(HS&M) – The medical device sector continues to post healthy gains. The sector comprises medical device, medical equipment, capital equipment and medical technology companies. The 10% revenue uptick from 2016 was followed by 2017’s 11% rise, with the Top 50 company revenue totaling $365B, up 11% from $329B, in 2016. […]
Business
Should Stryker Worry About Zimmer’s New Robotics Offering?
(MD+DI) – Zimmer Biomet is expected to launch a robot soon that will compete with Stryker’s Mako Total Knee offering. […]
Business
J&J’s Device Unit Fails to Meet Sales Expectations
(MD+DI) – The New Brunswick, NJ-based company beat Wall Street Expectations in nearly every unit – except for medical devices in 3Q18. […]