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Medtronic has bought a Twin Cities medical-device startup founded by med-tech vet Doug Kohrs as it dips its toe in the knee- and hip-replacement business.
Medtronic isn’t disclosing terms of its deal to buy Responsive Orthopedics. The acquisition closed in May, a company spokeswoman said.
Medtronic plans to use Responsive’s products to launch a joint-replacement service it detailed during an investor day Monday. Kohrs, formerly CEO of Tornier, launched Responsive Orthopedics to develop low-cost…