Medical device maker Globus Medical agreed to acquire smaller competitor NuVasive in an all-stock transaction valued at over $3 billion.
NuVasive unveiled its new $45 million, 180,000-square-foot manufacturing facility in West Carrollton, Ohio, which will produce all medical implants and devices for global distribution. The facility will create nearly 200 new jobs and retain 97 employees transferring from its Fairborn facility.
NuVasive, a spine technology company, acquired Simplify Medical, a developer of the Simplify Cervical Artificial Disc for cervical total disc replacement. The acquisition adds clinically effective cTDR technology to NuVasive's cervical portfolio.
NuVasive entered a strategic partnership with Biedermann Technologies, gaining licenses to intellectual property for spinal technology, including proprietary screw innovations to be integrated into the RELINE posterior fixation system, with commercial availability expected in the first half of 2019.
NuVasive Clinical Services has been awarded a three-year, sole source supplier contract for Intraoperative Neuromonitoring Services with Premier, effective November 1, 2018.
Siemens Healthineers and NuVasive announced a strategic alliance to develop integrated solutions for minimally invasive spine surgery, combining imaging systems and surgical automation.
NuVasive Inc. has invested $45 million in its West Carrollton, Ohio manufacturing facility, which now employs 270 workers with 50 more openings. The company aims to build up to 85% of its spinal-implant products at the 170,000-square-foot plant.
NuVasive signed a definitive agreement to acquire SafePassage, a privately held intraoperative neurophysiological monitoring services provider.
NuVasive, a medical device company focused on spine surgery, acquired Vertera Spine, a developer of porous PEEK interbody implants for spinal fusion. Terms were not disclosed.
NuVasive Inc. is setting up a $45 million, 180,000-square-foot bio-tech manufacturing facility in West Carrollton, Ohio, to produce spinal implants and other medical devices. The company plans to hire over 200 people in 2017.
| Site | Largest | Latest |
|---|---|---|
| West Carrollton, United States | $45.0M | 2022-03-06 |