Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Mar. 3, 9:35 PM
| This Slide: #54 of 100 |
Slide #54. NuVasive, Inc. — Simplify Medical
Acquirer:
NuVasive, Inc. (NASDAQ:NUVA)
Acquiree:
Simplify Medical
Details:
NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, today announced that it has acquired Simplify Medical, a privately held company and developer of the Simplify Cervical Artificial Disc (Simplify Disc) for cervical total disc replacement (cTDR).
Nuvasive is a medical device company focused on developing minimally disruptive surgical products and procedurally integrated solutions for spine surgery. Co.'s principal product offering includes a minimally disruptive surgical platform, Maximum Access Surgery. The platform includes Co.'s proprietary software-driven nerve detection and avoidance systems, and Intraoperative Monitoring services and support; MaXcess, an integrated split-blade retractor system; and implants and biologics. Co.'s spine surgery product line offerings, which include products for the thoracolumbar and the cervical spine, are used to enable surgeon access to the spine to perform restorative and fusion procedures.
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Avg. Broker Rec.
 
|
Hold (2.47 out of 4) 9th percentile
(ranked lower than approx. 91% of all stocks covered)
Analysts' Target Price: NUVA Stock Forecast Based on Zacks ABR data; powered by Xignite |
