Orthofix to merge with SeaSpine in a $685m deal.

Orthofix, a medical device company delivering orthopedic and spine solutions to healthcare providers, agreed to merge with SeaSpine, a medical technology company, in a $685m deal. “This transaction brings together two complementary organizations to create an industry leader with the immediate financial strength to self-fund investments that deliver both growth and better patient outcomes. We are excited about the value we can create for the combined company’s shareholders, the new opportunities opened for employees and our ability to now provide surgeons and hospital partners a complete procedural solution using cutting-edge technology at every level," Keith Valentine, SeaSpine President and CEO.