Conformis today said its full-time employees that were furloughed in March will return to active employment as early as April 27. The employees’s return is due to a $4.7 million loan made available to the company under the Paycheck Protection Program offered by the U.S. SBA. […]
(MD+DI) – Like many of its peers, including Boston Scientific and Johnson & Johnson, Medtronic’s business has been impacted by procedure deferrals as healthcare systems around the world have deferred most elective procedures to focus on COVID-19. […]
(MassDevice) – Shares of two of the largest orthopedic device companies started climbing this morning on news of a new White House recommendation that elective surgical procedures may resume. […]
(MD+DI) – The unknowns still outnumber the knowns, but recent business updates provide some clarity around how the medical device industry is fairing during the COVID-19 pandemic. […]
(MEDTECH DIVE) – One by one, medtech companies have warned investors that a temporary pause on elective procedures — the bread and butter for many device maker and hospital balance sheets alike — render best-laid 2020 forecasts obsolete. […]
(MassDevice) – Zimmer Biomet announced that president & CEO Bryan Hanson is forgoing 100% of his salary among other steps the company is taking in response to the COVID-19 pandemic. […]
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