Globus Medical (NYSE:GMED) shares rose more than 2% last week despite a 61% 2nd-quarter profit slide after the medical device company reported earnings above Wall Street’s forecast and confirmed its outlook for the rest of the year.
Orthopedics
Welcome to MassDevice's Orthopedics Hub, your resource for the latest in orthopedic news. Stay informed about the innovations and business news shaping the ortho device industry.
🦴 Narrow your focus with these categories:
Implants | Metal-on-Metal | Spine
Here are the top orthopedic device features from MassDevice and its sister publications (and scroll down to read the latest cardiology device news from MassDevice):
+ The biggest stories from AAOS 2024
+ The 10 largest orthopedic device companies in the world
+ The ZimVie Tether helps kids with scoliosis — if they can get it in time
+ Could 2023 be a boom year for orthopedic devices?
+ The top orthopedic device news out of AAOS 2023
🎙️ Tune in to the Ortho Innovation Talks podcast on the DeviceTalks podcast network.
Latest Orthopedics News
DePuy limb preservation system recall gets FDA’s highest-risk status
ConforMIS raises $168M Series E round
ConforMIS closed a Series E round worth $167.7 million, raised from a consortium of 88 unnamed investors, according to regulatory filings.
The Bedford, Mass.-based medical device company makes personalized knee implants based on scans detailing patients’ physiology, creating customized instruments and implants that are shipped in a sterile package surgeons can open on the operating table.
Reached by MassDevice.com today, CEO Philipp Lang declined to comment on the company’s latest funding round.
Mako Surgical surges on strong Q2 numbers
Mako Surgical (NSDQ:MAKO) shares are up nearly 16% so far this morning after the medical device company reported 2nd-quarter numbers that shattered expectations on Wall Street.
NuVasive swings to Q2 red as it reveals OIG probe
Zimmer settles lawsuit against surgeon, knee implant inventor
Plaintiffs in DePuy ASR lawsuits can add Pinnacle claims
Plaintiffs in 7 lawsuits filed over Johnson & Johnson‘s (NYSE:JNJ) recalled DePuy ASR hip implant can also file claims over the DePuy Pinnacle acetabular cup device, a state judge in California ruled last week.
Ex-ArthroCare exec changes plea to guilty in stock fraud scheme
Former ArthroCare (NSDQ:ARTC) executive John Raffle changed his plea to guilty last month, admitting to charges that he took part in a scheme to artificially inflate ARTC stock prices by misleading investors.
DePuy warns surgeons on fracture risk in Limb Preservation System
The Hong Kong Department of Health issued a Safety Alert following DePuy Orthopaedics‘ discovery that part of its Limb Preservation System may fracture under pressure.
Stryker pulls spinal devices off the shelves following failure reports
MassDevice.com Q&A: K2M co-founder & CEO Eric Major
Revenues in the spine industry have been flat for several years now, with the largest players in the space reporting declines or low-single-digit growth.