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[Infinite]

Hey,

NuVasive was acquired by Globus Medical a few days ago!

Globus, which has been trying to acquire NuVasive since late 2021, said the deal would contribute to its adjusted earnings within a year after close, which is expected in mid-2023.

Link:

https://www.reuters.com/markets/deals/globus-medical-buy-nuvasive-31-billion-2023-02-09/

This explains why it takes more than two years for them to "develop" the new weight-bearing nail.

They cheat us!

Globus Medical became interested in NuVasive in 2021, the same year the Stryde was recalled.
For a company that has developed this nail and understands the problem, it shouldn't take long to develop an alternative.

It should take a few months!

As we've revealed, the real reason they're holding the market back is just money, and it's always been that way.

[tempthrowaway]

As someone who doesn’t understand business transactions… does this mean we’ll get a tested alternative on the market in, say, 1 year or no?

[1team]

So we're looking at what, 3 years without a motorised weight bearing nail because of rust?

It always seemed suspicious that they have the mechanics down, they just needed to work that one issue and here we are years later and still no new nail.

[Hatch]

So does this all means that we might get weight-bearing nail very soon?

[Medium Drink Of Water]

How is pulling an in-demand product from the market a way to get money?

[1team]

So does this all means that we might get weight-bearing nail very soon?

Nope, minimum another year. Nothing in 2023.

[Infinite]

How is pulling an in-demand product from the market a way to get money?

When you have an in-demand product, and you didn't release it, you can sell dream. When you sell a dream, it has no price; you can demand how much you want! Exactly as in the startups tech field!

And I mention that Globus Medical acquired a few years ago Synoste Nitintail. They hoped the Nitinail would release as expected, and it didn't happen. They failed.

NuVasive has deceived us all and urinated on all the doctors worldwide who are also waiting for the weight-bearing nail.

[Medium Drink Of Water]

Nuvasive makes $0 from selling "dreams".  Hope this helps.

[saltedchocolate]

NuVasive has deceived us all and urinated on all the doctors worldwide who are also waiting for the weight-bearing nail.

This sounds so funny

[AllinStryde]

This sounds so funny

Heck yeah it does...I literally laughed out loud at work in the most awkward way.  Several coworkers looked over.

[Infinite]

Sad that this is the reality