Sept.17, 2013 /Atlanta Business Chronicle/–A biomedical startup that focuses on implant technology and stem cell therapies has raised $7.4 million, according to a Securities and Exchange Commission filing.Vivex Biomedical Inc. is developing implant technology to help stimulate bone regrowth. Vivex has also licensed a highly adaptive adult stem cell line, known as MIAMI (Marrow Isolated […]
2013
Alphatec Spine Announces Intent to Restructure Scient’x Business Operations
CARLSBAD, Calif., Sep 16, 2013 (Menafn – GLOBE NEWSWIRE via COMTEX) –Alphatec Holdings, Inc. ATEC, the parent company of Alphatec Spine, Inc., a medical device company that provides physician-inspired solutions for patients with spinal disorders, announced that its French affiliate, Scient’x S.A.S. and its subsidiary Surgiview S.A.S. (collectively, “Scient’x”) has begun a process aimed at […]
Obamacare’s Medical-Device Excise Tax: Early Evidence Suggests Significant Harm
Sept. 16, 2013 /Forbes.com/ –The medical-device industry’s primary lobbying goal this year is to repeal Obamacare’s 2.3 percent excise tax on medical devices. Device makers have been collecting and remitting this new tax since the beginning of 2013. The industry’s largest trade association has published a list of studies, from 2011 and 2012, which anticipated […]
Misonix Supports Uganda Spine Surgery Mission with Ultrasonic BoneScalpel™
FARMINGDALE, N.Y., Sept. 12, 2013 /PRNewswire/ — Misonix, Inc. (NASDAQ: MSON), an international surgical device company that designs, manufactures and markets innovative therapeutic ultrasonic products for spine surgery, skull based surgery, neurosurgery, wound debridement, cosmetic surgery, laparoscopic surgery and other surgical applications, announced today that it supported this year’s Uganda Spine Surgery Mission organized by […]
Upcoming Article in The Spine Journal Indicates Titan Spine Surface Technology Creates Enhanced Environment for Bone Growth
(Business Wire 2013) Titan Spine, a medical device surface technology company focused on developing innovative spinal interbody fusion implants, today announced that a new study shows the unique combination of textures provided by the Company’s implant surface technology promotes superior production of angiogenic growth factors as compared with PEEK (poly-ether-ether-ketone) and smooth titanium alloy materials. The […]
DFINE Hires Greg Barrett As New President and CEO
SAN JOSE, CALIF. — DFINE, Inc., a fast growing market leader in the treatment of spinal diseases today announced the appointment of Greg Barrett as President and Chief Executive Officer. Mr. Barrett assumes those roles from Kevin Mosher whose 4 years of service helped establish DFINE’s strong foundation. Mr. Mosher is returning to the dental […]
The NuVasive Spine Foundation™ Expands Global Impact to Support Patients in Need
SAN DIEGO, CA–(Marketwired – Sep 6, 2013) – NuVasive, Inc. (NASDAQ: NUVA), a medical device company focused on developing minimally disruptive surgical products and procedures for the spine, is excited to announce that the NuVasive Spine Foundation™ (NSF), a non-profit organization developed and managed by NuVasive,® raised more than $230,000 during the 6thAnnual NSF San […]
Wenzel Spine Granted New Patent
AUSTIN, Texas, Sep 04, 2013 (BUSINESS WIRE) — Wenzel Spine, Inc., a medical device company focused on providing minimally invasive, stand-alone alternatives to traditional spinal fusion, announced today that it has been granted a new patent related to Wenzel Spine’s Zero-Profile VariLift(R) Stand-Alone Expandable Interbody Fusion System. United States Patent No. 8,435,299, entitled “Expandable Osteosynthesis […]
SpineGuard receives Regulatory Ninsho Approval to sell its PediGuard® platform in Japan
PARIS and SAN FRANCISCO (Sept. 3, 2013) – SpineGuard (FR0011464452 – ALSGD) announced today that it has received product certification (“Ninsho”) to market its Classic and Curved PediGuard® products in Japan.“This regulatory clearance is the result of a diligent collaborative process with our Japanese partners, notably Surgical Spine Inc. (S2I), who played an instrumental role […]
Medtronic Announces Formation of Hospital Solutions Business Aimed at Driving Efficiencies and Cost Savings
MINNEAPOLIS, MN and TOLOCHENAZ, SWITZERLAND–(Marketwired – September 02, 2013) – Medtronic, Inc. (NYSE: MDT) today announced the formation of Medtronic Hospital Solutions, a new business focused on developing novel partnerships with hospitals to provide services directly related to hospital operational efficiency. The new business will focus initially on offering services in Europe to manage and […]
Johnson & Johnson’s Medical Devices & Diagnostics Business Is Poised For Long Term Growth
August 28th, 2013 (Trefis Team)–Johnson & Johnson (NYSE:JNJ) is considering paying about $3 billion to settle a lawsuit over its recalled hip implants. The company’s orthopedics medical devices & diagnostics unit DePuy recalled 93,000 implants in 2010 after finding out that more than 12% of them failed within five years. [1] This rate seems to be […]
Medtronic To Set Up Global Center Of Excellence In Singapore For Business Model Innovation
MINNEAPOLIS and SINGAPORE, Aug. 29, 2013 – Medtronic announced today the official opening of a global Center of Excellence (CoE) for Business Model Innovation in Singapore. This new Center, based in the current local Medtronic facility, is responsible for designing, testing and scaling new business models for the rapidly growing developing markets across Asia. Next […]
Spinal implant vendor says Halifax Medical Center playing favorites at expense of patients
Aug. 28, 2013VOLUSIA COUNTY, Fla. —Officials with Halifax Medical Center faced a judge on Wednesday after allegations they played favorites when picking vendors.Another vendor, Spinal Resources, requested Wednesday’s injunction hearing. The company is accusing the hospital of picking a vendor only because it has ties to the hospital’s largest donor, the Bill France family of […]
SpineGuard receives FDA 510(k) clearance for miniaturized and directional versions of its PediGuard® platform
PARIS and SAN FRANCISCO (Aug. 28, 2013) – SpineGuard announced today that it has received FDA 510(k) clearance of three new products that complete its PediGuard platform of single-use drilling instruments which secure the pedicle screw pilot hole: Two miniaturized versions of its classic and curved range, and a directional version of its cannulated series. […]
Aurora Spine Leases New Corporate Headquarters
Carlsbad, CA- Aurora Spine announced continued expansion with the opening of its new corporate headquarters in Carlsbad, California. The 17,288-square foot building addresses Aurora Spine’s need to expand research & development, engineering, business development, sales, marketing, shipping and IT. Aurora Spine also has an international office in Harrogate, England.“This is an exciting time for Aurora […]
New spinal implant allows full-body MRIs
Aug 27, 2013, (lacrossetribune.com)–A new version of a spinal cord implant to relieve back and other pain has the advantage of allowing a full-body MRI scan if needed later to detect other major health problems.“The ability to get MRIs in the future is a big deal,” said Dr. Stephanie Neuman, a pain physician at Gundersen […]
Interventional Spine®, Inc. Announces Issuance of Another Broad Patent Covering the Company’s Opticage™ and PerX360 System™
IRVINE, Calif., Aug. 27, 2013 /PRNewswire/ — Interventional Spine®, Inc. today announced that they have received further patent protection for their Opticage™ expandable fusion cage and PerX360 System™ procedure. The Company believes that PerX360 is a revolutionary new approach to minimally invasive lumbar interbody fusion.The PerX360 System™ is a combination of Interventional Spine’s state-of-the-art products, […]
LDR Holding files for a $69 million IPO
AUSTIN, Texas — LDR Holding, which develops medical devices for use in spine surgery, filed on Monday with the SEC to raise up to $69 million in an initial public offering. The Austin, TX-based company, which was founded in 2000 and booked $98 million in sales for the 12 months ended June 30, 2013, has […]
Medtronic Is Changing Its Business. Will The System Let It?
August 24, 2013, (John R.Graham.Forbes.com)–Earlier this month, Forbes contributor David Shaywitz asked a necessary question: “Are Medical Product Companies Finally Serious About Business Model Evolution?” This was in response to medical-device giant Medtronic ‘s (NYSE:MDT) friendly acquisition of Cardiocom, a patient-monitoring firm. CEO Omar Ishrak’s comments at last Thursday’s annual meeting suggest that the answer […]
Medtronic Earnings Keep Pace, But Sales Fall Short
August 20, 2013, (INVESTOR’S BUSINESS DAILY)–Medical-device giant Medtronic (MDT) met analysts’ quarterly profit estimates and issued in-line guidance Tuesday, but sales came up short, sending shares down 2.4% to close at 52.83.Medtronic’s (MDT) earnings for the fiscal first quarter ended July 26 rose 4% over the year-earlier quarter to 88 cents a share, matching analysts’ consensus. […]
Medtronic aims to help countries build healthcare systems
(Reuters) – Medtronic Inc (MDT.N) wants to sell more than medical devices in emerging markets. The company is looking to help countries such as China and India develop their healthcare systems and has targeted two areas where it can provide its expertise, disease management and hospital efficiency, Chief Executive Omar Ishrak said in an interview.Expansion in […]
BioRestorative Therapies is the Stem Cell Industry’s Best-Kept Secret
Aug. 16, 2013 /Smallcapnetwork/ — When an investor thinks of spinal-related stem cell stocks, usually a name like Neuralstem, Inc (NYSEMKT: CUR) or StemCells Inc (NASDAQ: STEM) comes to mind. And well they should. STEM has logged some amazing breakthroughs in the field of spinal cord repair, while CUR has done the same. Not all […]
RTI Surgical(TM) Celebrates First Human Implantation of map3(TM) Cellular Allogeneic Bone Graft
ALACHUA, Fla.–(BUSINESS WIRE)–August 12, 2013– RTI Surgical Inc. (RTI) (Nasdaq: RTIX), a global surgical implant company, is pleased to announce that the first human implantation of the company’s map3(TM) Cellular Allogeneic Bone Graft implant was completed last week.Dr. Franco E. Vigna, M.D., M.P.H., a board-certified orthopedic surgeon with Spine Surgery of Buffalo Niagara and a […]
NuVasive Gets New London Office to Work on Expanding European Market Share
Friday, August 16, 2013 (San Diego Business Journal)–San Diego-based NuVasive Inc., a maker of surgical products for the spine, is expanding and relocating its office in the United Kingdom.The company said in a statement that the new London office will allow it to better grow its market share across Northern Europe. The two-story, 7,500-square-foot building […]
Advanced CNC Machining Company Introduces Medical Community to Its State-of-the-Art Manufacturing Facility and Passionate Team
WARMINSTER, PA (PRWEB) August 01, 2013–After manufacturing CNC-machined equipment for various industries, MK Precision, a leading medical device contract manufacturer, discovered its talent for making flawless medical equipment with Swiss lathes, 5-axis mills and wire EDMs. Recently, the company released a detailed video about its in-house operations and dedication to excellence as CNC specialists.The MK […]
Ortho Kinematics Receives FDA 510(k) Clearance to expand into Cervical Spine
AUSTIN, Texas – August 15, 2013 — Ortho Kinematics‚ Inc. (OKI), a privately held healthcare diagnostic company focused on spine imaging informatics, announced receiving 510(k) clearance from the U.S. Food and Drug Administration to expand the VMA (Vertebral Motion Analysis) system beyond the lumbar spine, so that the system can be available for cervical spine […]
3D Printing Spinal Implants?
August 13, 2013 |A new era of orthopedic surgery is taking shape at Peking University. Armed with an Electron Beam Melting (EBM) 3D printer, doctors are able to create titanium implants that fit perfectly with a patient’s body.Over the course of the last four years, Dr. Liu Zhongjun has been using EBM 3D printing to […]