The Carlsbad, CA said after consideration and analysis of the ongoing market effects of the COVID-19 pandemic, it is terminating the deal because of material adverse effect resulting in circumstances that are no longer conducive to the completion...
The Billerica, MA-based company said it was ending the furlough because of the $4.7 million loan it received from the Paycheck Protection Program and the anticipated relaxing of restrictions on elective surgeries.
The $4.7 million loan under the paycheck protection program comes after the Billerica, MA-based company furloughed about one-third of its workforce because of sharp declines in procedures.
A medical device analyst warns of a significant drop in capital purchases like robotics and navigation systems as orthopedic practices grapple with major revenue loss this year.
The custom orthopedics company said it was furloughing 80 employees because of sharp declines in elective procedures resulting from the coronavirus pandemic. The news comes as President Trump announced he was pushing to ‘reopen’ the economy by...
OrthoGrid Systems’s new PhantomMSK Trauma aims to correct fluoroscopic imaging distortion.
CEO Bryan Hanson said the company's funnel for Rosa placements is the strongest it's ever been and the surgical robotics system is expected to be a key growth driver for ZB in 2020.