NuVasive Buys Spinal Implant Maker Ellipse For $380 Million

Orthopedic surgical device company NuVasive has acquired spinal implant maker Ellipse Technologies for $380 million in cash upfront, plus a potential $30 million milestone payment in 2017. The transaction opens up the scoliosis correction market for NuVasive, a major player in surgical spine products that is looking to expand to other niche areas.
Source: Medical Design Online News - Category: Medical Equipment Source Type: news