Is Medtronic ready to consider selling off its Spine unit, Sofamor Danek?

Medtronic indicates it’s considering selling its spine unit (OrthoSpineNews)

Another quarter of weak sales in Medtronic's division for spine devices stirred talk Tuesday about whether the Fridley-based manufacturer eventually might sell the business unit.
For months, stock analysts have questioned whether Medtronic should divest itself of the Memphis-based division for spine surgery devices, which generates about 20 percent of the company's revenue.
Revenue from that unit has fallen in recent quarters due to increased competition, insurance company limits on spine surgeries and questions abou...


Your friends are reading OrthoStreams daily - Are you ?

 

Unlock your access to full rich article, trends, hot startups, market reports and your daily newsletter.

Just $1/day.