Zimmer Biomet entered into a definitive agreement to acquire LDR for US $37/share in cash, for a transaction valued at ~$1.0BB with an expected 3Q16 close.
Flower Orthopedics commenced full market launch of Flower E-Kit™, containing all required cannulated and plating instruments for midfoot, forefoot and ankle in one single-use package.
NuVasive (NUVA) entered into a definitive agreement to acquire Biotronic NeuroNetwork, a U.S. provider of intraoperative neurophysiological monitoring services, for US $98MM in cash.Â
On 5/31/16, Zimmer Biomet received an FDA Warning Letter regarding observed non-conformities at the company’s Zimmer CAS/ORTHOsoft facility in Montreal, Quebec, Canada.
Life Spine announced successful completion of initial cases with the PLATEAU®-Ti Spacer, a titanium interbody system featuring OSSEO-LOC™ surface treatment to support potential bone growth.
Osseon has increased its independent distribution network by 26% since January 2016, and is on track to expand its vertebral augmentation line with three new VCF products in the pipeline.