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Orchid Blog

How to Maximize Innovation and Product Launches with a Tight R&D Budget

Posted: Monday, November 19, 2018

With a new year quickly approaching, medical device OEMs are establishing their budgets for 2019. It’s a time when OEMs start feeling financial pressures, such as from payers of orthopedic products and services. These payers for instance, are trying to reduce health care costs, which puts constraints on how much they’re willing to pay for orthopedic products. When companies face revenue and profitability pressures, they recognize a need to cut costs.  ..

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Spine September: Orchid Employees Reflect on NASS and EUROSPINE Meetings

Posted: Friday, November 02, 2018

The month of September consisted of saying goodbye to summer, hello to fall weather, and for the orthopedic industry, preparing for two of the largest events in the spine industry. The events each had educational sessions for medical professionals and expo halls for medical device OEMs and manufacturing companies to display their products and services. Device companies, surgeons and spine professionals gathered in Barcelona, Spain for the EUROSPINE Annual Meeting. The following week they traveled to Los Angeles, CA for the 33rd Annual North American Spine Society (NASS) Meeting.  ..

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