MINNEAPOLIS, Oct. 31, 2013 — /PRNewswire/ — Zimmer Spine, Inc. today announced that the Company has launched the Viewline Tube Retraction System, Viewline Retractor System, andViewline Posterior MIS Instrument Set to facilitate exposure, retraction, decompression and disc preparation for MIS TLIF/PLIF/PLF and microdiscectomy procedures. The Viewline Tube Retraction System features 40mm through 120mm tube length […]
2013
Globus Medical Reports 2013 Third Quarter Results
AUDUBON, Pa.–(BUSINESS WIRE)–October 30, 2013– Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal implant manufacturer, today announced its financial results for the quarter ended September 30, 2013. — Worldwide sales were $107.2 million, a 13.1% increase from the third quarter of 2012 — Net income was $20.3 million or $0.22 per diluted share — Non-GAAP Adjusted […]
Aurora Spine Announces First US Surgery and Global Launch of AmnioPUR(TM)
CARLSBAD, CALIFORNIA, Oct 30, 2013 (Marketwired via COMTEX) — Aurora Spine Corporation , a global minimally invasive (MIS) spinal implant company, is pleased to announce the first US surgical usage of the company’s AmnioPUR(TM) liquid allograft products in a lumbar spinal procedure. AmnioPUR was introduced in mid-October at EuroSpine congress in Liverpool, England and again […]
Baxano Surgical Announces Patent Issuance for the VEO Lateral Access System
RALEIGH, N.C., Oct. 29, 2013 (GLOBE NEWSWIRE) — Baxano Surgical, Inc. (Nasdaq:BAXS), a medical device company focused on designing, developing and marketing minimally invasive products to treat degenerative conditions of the lumbar spine, today announced that the United States Patent and Trademark Office has issued US Patent 8,568,306 covering the direct visualizationapproach of the VEO® Lateral […]
RTI Surgical sees boost from Pioneer buy, but income drops
October 29, 2013,RTI Surgical saw a $16.1 million boost in revenue in the third quarter from its acquisition of Pioneer Surgical Technology, but the combined company underperformed compared with the same period a year ago and saw a net loss in income.The Alachua surgical implant company reported $54.7 million in revenues, including $16.1 million from […]
European Orthopedic Biomaterial Market Continues To Attract Competitors Despite Economic Concerns
TORONTO, Oct 2013 /PRNewswire/ — According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the European orthopedic biomaterial market will sustain moderate growth through 2022 due primarily to favorable demographics. Although both the bone graft substitute (BGS) and hyaluronic acid (HA) viscosupplementation markets will rise, expansion will continue to be […]
Spinal surgery raises questions of excess
Monday, October 28, 2013/Peter Whorisky and Dan Keating Associated Press–The rate of spinal fusion surgery has risen sixfold in the United States over the past 20 years, according to federal figures, and the expensive procedure has become even more common than hip replacement.It can be difficult, in individual cases, to get doctors to agree about when […]
SpineGuard obtains regulatory clearance to sell PediGuard® Curved and Curved XS in Mexico
PARIS and SAN FRANCISCO, Oct. 28, 2013 – SpineGuard (FR0011464452 – ALSGD) announced today that it has obtained additional regulatory clearance from COFEPRIS (the Mexican healthcare regulatory authority) to sell its Curved and Curved XS PediGuard® devices in Mexico. SpineGuard has previously received clearances for its Classic and Cannulated PediGuard devices.“This additional regulatory approval completes […]
Medicare Tab for Spine Surgery Is $3.9 Billion
Oct , 2013/Milwaukee Journal Sentinel/MedPage Today/John Fauber/–Doctor-owned firms that distribute medical devices supplied 19% of the products used in spinal surgeries billed to Medicare in 2011, according to an investigation by the Office of Inspector General.In fiscal year 2012, Medicare paid hospitals a total of $3.9 billion for 178,789 spinal surgeries, or an average of […]
Alphatec Spine Enters Into Collaboration Agreement With Group of Experienced Spine Surgeons
CARLSBAD, Calif., Oct 24, 2013 (GLOBE NEWSWIRE via COMTEX) — Alphatec Holdings, Inc, the parent company of Alphatec Spine, Inc., a medical device company that provides physician-inspired solutions for patients with spinal disorders, today announced that it has entered into a three-year collaboration agreement with an experienced spine surgeon group to contribute to Alphatec Spine’s […]
Ortho Kinematics Launches New Physician Web Portal
AUSTIN, Texas – October 24, 2013 — Ortho Kinematics‚ Inc. (OKI), a privately held healthcare diagnostic company focused on spine imaging informatics, announces the launch of an online portal that provides spine surgeons with a simple way to access the company’s flagship diagnostic product, the VMA (Vertebral Motion Analysis).“This test is really the technology of […]
Amedica And K2M Partner To Expand Distribution Of Silicon Nitride Interbody Spinal Fusion Devices In Europe
SALT LAKE CITY and LEESBURG, Va., Oct. 24, 2013 /PRNewswire/ — Amedica Corporation, a biomaterial company, announced today that it has entered into a distribution agreement with K2M that will provide surgeons and hospitals in Europe with access to Amedica’s Silicon Nitride interbody spinal fusion devices. K2M is the largest privately-held spinal device company in […]
Medtronic launches new spinal surgery procedure
(Thomson Reuters ONE via COMTEX) MEMPHIS, Tenn. – Oct. 21, 2013 – Medtronic, Inc. the world leader in spinal technology, announced today the launch of the first procedure that allows lateral access to the most common operative level of the spine at the annual meeting of the Congress of Neurological Surgeons in San Francisco, CA.OLIF51TM […]
Biomet Swings to 1st-Quarter Profit on Trauma Business Growth
Biomet Inc. swung to a fiscal first-quarter profit, as its sports medicine, extremities and trauma business continues to benefit from a recent acquisition.Though privately held, Biomet’s results are closely watched because the maker of orthopedic medical devices reports earlier than larger competitors–like Zimmer Holdings Inc. (ZMH), Stryker Corp. (SYK) and Johnson & Johnson (JNJ)–and potentially […]
Former Spinal Implant CEO Convicted of Fraud Charges
SAN JOSE,October 17,2013– /mercurynews.com/The CEO of a spinal implant company was convicted of overcharging the county and San Jose for workers’ compensation reimbursements, prosecutors said.Trudy Maurer, 68, is head of Implantium, a San Francisco-based company that purchases surgical implants from manufacturers and supplies them to hospitals. According to prosecutors, the company altered invoices submitted to San […]
SpineGuard Reports Six-Month 2013 Financial Results
PARIS and SAN FRANCISCO, October 17, 2013 – SpineGuard (FR0011464452 – ALSGD), an innovative company that designs, develops and markets disposable medical devices intended to make spine surgery safer, announced today financial results for the half year ended June 30, 2013, as approved by the Board of Directors on October 14, 2013. Revenue up by […]
Stryker 3rd-quarter net profit falls due to recalls as sales rise
(Reuters) – U.S. orthopedic implant maker Stryker Corp (SYK.N) on Thursday said quarterly net profit fell 70 percent as charges for recalled products offset higher sales of its hip, knee and spine products.The company reported a third-quarter net profit of $103 million, or 27 cents per share. Net sales for the quarter rose to $2.15 […]
RTI Surgical Announces Deal with Medtronic
RTI announced today that it has entered into a new agreement with Medtronic Sofamor Danek USA, Inc. (MSD) to process allograft implants for use in spinal surgeries.The initial term of the agreement runs until Dec. 31, 2017 with two five year extensions available through 2027. The terms of the agreement are substantially equivalent to the […]
J&J posts disappointing sales for Synthes group
October 16, 2013 /www.thedeal.com/–Johnson & Johnson Inc. is still dealing with some major headaches in the integration of its acquisition of Synthes Inc., especially in smoothing out its sales functions.While revenue from Synthes products helped boost the company’s Medical Devices and Diagnostics (MD&D) business segment’s profitability in the second quarter, this quarter it was less […]
StemCells gets FDA OK on spinal cord trial
October, 2013/sfgate.com/–The U.S. Food and Drug Administration last week gave permission to a Newark, N.J., biotech company to start testing an experimental stem cell therapy in humans who have suffered spinal cord injuries – a move that patients and scientists alike hope will speed up research in a field that’s been frustratingly slow to show […]
FDA Clears Innovative Spinal Fusion Device
MIAMI, Oct. 2013 /PRNewswire/ — Surgeons treating patients with degenerative disc disease may now use a new stand-alone intervertebral body fusion device recently cleared by the Food and Drug Administration. Manufactured by Binder Biomedical Inc., the device presents a complete anterior lumbar fixation system with a simple, one-step locking mechanism.Called LOGIC™, the system is designed […]
Benvenue Medical Receives Spine Technology Award For Kiva® VCF Treatment System
SANTA CLARA, Calif., Oct, 2013 /PRNewswire/ — Benvenue Medical, Inc., a developer of minimally invasive solutions for spine repair, won the 2013 Spine Technology Award in the minimally invasive spine care category for its Kiva VCF Treatment System. The fifth annual Spine Technology Awards was presented by Orthopedics This Week and RRY Publications LLC at […]
Integra LifeSciences Announces Introduction of Integra(R) Hollywood(TM) NanoMetalene(TM) Interbody Device
PLAINSBORO, N.J., Oct. 2013 (GLOBE NEWSWIRE) — Integra LifeSciences Holdings Corporation (Nasdaq:IART) today announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for the Integra®HollywoodTM NanoMetaleneTM Interbody Device (IBD), and expects to begin a controlled market release in the U.S. later this year. The IBD is used primarily in transforaminal […]
Minimus Spine ™ Announces Continued Progress with Patent Portfolio
Minimus Spine, Inc. (www.minimusspine.com) announced that it recently received another Notice of Allowance from the United States Patent and Trademark Office. The patent covers Minimus Spine’s novel ozone syringe, which is intended to treat herniated spinal discs without surgery. “This is the second U.S. patent to be issued recently and adds to our growing patent […]
Spinal Elements®, Inc. Announces Over $250,000 in Donations to Children’s Charities at NASS Convention in New Orleans
CARLSBAD, Calif., Oct. 2013 /PRNewswire-iReach/ — Spinal Elements www.spinalelements.com, an innovative spine technology company, officially celebrated the one-year anniversary of its “Hero Allograft” launch at this year’s North American Spine Society (NASS) convention in New Orleans. The company hosted a celebration at the New Orleans House of Blues onThursday, October 10th, where it announced that […]
K2M Announces Global Launch of SANTORINI® Small Corpectomy Cage System
K2M, Inc., the largest privately held spinal device company in the world focused on developing innovative solutions for the treatment of complex spinal pathologies and minimally invasive procedures, today announced another expansion of the company’s global complex spine offering with the launch of the SANTORINI® Small Corpectomy Cage System at the 2013 North American Spine […]
Zimmer Announces Agreement for Lateral Interbody System
MINNEAPOLIS, Oct. 9, 2013 /PRNewswire/ — Zimmer Spine, Inc., a global leader in spine innovation, today announced that the Company has signed an exclusive global distribution agreement for the Lateral Locking Cage (LLC), a first of its kind, minimally invasive lateral interbody cage. Under the terms of this long-term agreement with Frontier Medical Devices (Marquette, […]