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Synopsis
NuVasive, a provider of technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, completed the acquisition of Simplify Medical, a medical device company, for $150m. "The acquisition of Simplify Medical advances our previously communicated long-term growth strategy by both expanding, and further distinguishing, our portfolio with industry-leading innovation. Combining the Simplify Disc with NuVasive's C360 portfolio will enable us to provide surgeons with world-class cervical technology, regardless of their preferred procedural approach. We are excited about the opportunities this acquisition creates as we work to optimize the surgeon experience, advance the standard of care, and create value for shareholders," J. Christopher Barry, NuVasive CEO.
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