Vascular Dynamics said early this month it tapped former NuVasive Inc. (NSDQ:NUVA) exec and Ellipse Technologies CEO Ed Roschak as its new president and chief executive. Prior to joining Mountain View, Calif.-based Vascular Dynamics, Roschak served as prez and CEO of Ellipse Technologies, which he saw through a $410 million acquisition by NuVasive. He then took up […]
NuVasive in $410m deal to acquire Ellipse Technologies
NuVasive Inc. (NSDQ:NUVA) and Ellipse Technologies said yesterday that they inked a deal worth up to $410 million for NuVasive to acquire Ellipse and its adjustable orthopedic implants. Aliso Viejo, Calif.-based Ellipse, which registered a $75 million initial public offering last October, has a pair of orthopedic surgery devices already on the market: The Magec-Eos spinal bracing and […]
Ellipse Technologies files for $75m IPO
Ellipse Technologies last week registered for an initial public offering that could fetch as much as $75 million for its magnetically adjustable orthopedic implants. Aliso Viejo, Calif.-based Ellipse has a pair of orthopedic surgery devices already on the market, the Magec-Eos spinal bracing and distraction system for early-onset scoliosis, and the Precice limb-lenthening system for treating […]
Stryker eliminates international prez Subrahmanian’s role | Personnel Moves
Stryker (NYSE:SYK) said yesterday that it’s eliminating the role of international president held by Ramesh Subrahmanian as it reorganizes its overseas business. After Subrahmanian’s departure, effective Dec. 31, he’s slated to stay on until March 31, 2016, as an advisor, Stryker said in a regulatory filing. International sales were down across the board during Stryker’s […]
Ellipse Technologies lands FDA clearance for limb-lengthening device
Ellipse Technologies said it secured clearance from the FDA for its Precice 2 limb-lengthening system.
Irvine, Calif.-based Ellipse makes spinal and orthopedic devices. The devices are adjustable without an invasive procedure and mainly come in the form of remote-controlled implants.
