CLEVELAND, June 6, 2013 /PRNewswire/ — RSB Spine, LLC, a medical device company focused on developing unique modular spinal fusion products for surgical treatment of degenerative disc disease, today announced it has signed an exclusive distribution and licensing agreement with JMF (T) Group Co, Ltd of Thailand. RSB Spine’s products will be distributed by JMF […]
2013
VEXIM : postpones its private placement
VEXIM (Paris:ALVXM)(FR0011072602 – ALVXM), a medical device company specializing in the minimally-invasive treatment of vertebral fractures, has today decided to postpone the private placement announced on June 3rd, as the expected conditions for its execution were not met. VEXIM was considering this private placement as a means to finance the acceleration of its clinical and […]
Providence Medical Technology Announces U.S. Regulatory Clearance of PMT Cervical Cage
SAN FRANCISCO–(BUSINESS WIRE)–Providence Medical Technology, Inc. (PMT) today announced it received 510(k) clearance from the FDA for its PMT Cervical Cage. PMT Cervical Cage is a novel minimally-invasive implant and delivery system for cervical fusion procedures.PMT Cervical Cage is indicated for use in skeletally mature patients with degenerative disc disease (DDD) of the cervical spine […]
NuVasive® Announces Global Launch of MAS® PLIF
SAN DIEGO, CA–(Marketwired – May 31, 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 the global launch of its Maximum Access Surgery Posterior Lumbar Interbody Fusion (MAS® PLIF) procedure. Initially released in a limited launch around the […]
Spinal Elements®, Inc. Announces Licensing and 510(k) Product Clearance
CARLSBAD, Calif., May 29, 2013 /PRNewswire-iReach/ — Spinal Elements, a spine technology company, today announced that they have licensed a portfolio of patents essential for accessing the lumbar spine from a lateral approach and placing implants from that approach. The lateral approach to the spine provides the potential for less disruptive, minimally invasive surgical (MIS) […]
OsteoVantage™ Receives Supplemental Grant from the National Science Foundation
Fayetteville, Arkansas (PRWEB) May 29, 2013OsteoVantage, Inc. has received a National Science Foundation (NSF) Phase IB Small Business Innovation Research grant of $30,000 to continue the development of a specially designed screw used in lower back fusion surgery. This award follows the achievement of a Phase I grant of $150,000 received by the company in […]
Lanx Announces Initial Launch of TIMBERLINE(TM)
BROOMFIELD, Colo., May 28, 2013 (GLOBE NEWSWIRE) — Lanx, Inc., a privately held global spine company focused on developing and commercializing innovative devices for fusion surgery, today announced the initial launch of the TIMBERLINE™ MPF Lateral Modular Plate Fixation System, the first modular anchored interbody device for lateral fusion. The implant enhances the TIMBERLINE System […]
Medtronic Takes the Lead in the US Spinal Implant Market
Vancouver, BC (PRWEB) May 28, 2013According to a series of reports published this year byiData Research, the U.S. total spinal implant market was worth over $5.5 billion, with the minimally invasive surgery (MIS) spinal implant market comprising $1.5 billion of that value. MIS spinal implants include spinous process fixation, facet fixation, MIS interbody fusion, pedicle […]
Spinal Elements®, Inc. Relocates Corporate Headquarters in Carlsbad
Carlsbad, California (PRWEB) May 22, 2013Spinal Elements, an innovative spine technology company, has moved its corporate headquarters in Carlsbad to 3115 Melrose Drive, Suite 200, Carlsbad, CA 92010. The move stems from the company’s continued and projected growth and has expanded the corporate office space from approximately 8,500 square feet to over 40,000 square feet.Jason […]
Algea Therapies Launches SHIELD VCF System
AUDUBON, Pa.–(BUSINESS WIRE)– Algea Therapies, a division of Globus Medical Inc. (NYS: GMED) , committed to finding innovative, minimally invasive solutions that treat pain and restore quality of life, today announced the launch of the SHIELD™ Vertebral Compression Fracture (VCF) System, a next generation fracture management and vertebral augmentation platform for patients with vertebral compression […]
Medtronic cuts 2,000 jobs worldwide
MINNEAPOLIS — Medical device maker Medtronic confirms it is eliminating 2,000 jobs worldwide, including 500 in Minnesota.About half of the jobs being eliminated are in the U.S.A Medtronic spokeswoman said about 65 percent of the job cuts have already occurred. The rest will be eliminated in the current fiscal year that ends next April.Most of […]
Titan Spine Announces New Appointments
MEQUON, Wis. — Titan Spine, a medical device surface technology company focused on developing innovative spinal interbody fusion implants, announced today that it has named two spine surgeons to its Key Opinion Leader Advisory Team, Dr. Kade T. Huntsman of Salt Lake City, Utah and Dr. Axel Reinhardt of Potsdam, Germany. The new members bring […]
Medtronic Spine reports flat 4th quarter revenue
May 21–Medical device maker Medtronic Spine on Tuesday reported revenue of $811 million for its fourth quarter, a 1 percent drop from the same period last year.Memphis-based Medtronic Spine is the second-largest division of Medtronic Inc., based in Minneapolis, which reported fourth-quarter revenue of $4.5 billion, a 4 percent gain, or 5 percent adjusting for […]
Cerapedics Appoints President and Chief Operating Officer
WESTMINSTER, Colo. –Cerapedics, Inc. announced today that its Board of Directors has appointed Glen A. Kashuba as the company’s new chief executive officer, effective June 1, 2013.Kashuba formerly served as worldwide president of Spine & Bone Healing Technologies, Inc., a Biomet company, while concurrently serving as senior vice president on Biomet’s worldwide operating board, encompassing […]
J&J Units Sued Over Spinal Implant Patent
Law360, New York (May 16, 2013, 1:30 PM ET) — Two of Johnson & Johnson’s DePuy Synthes units were hit Wednesday in Delaware federal court with allegations that they infringed Globus Medical Inc.’s patent covering a spinal implant.Globus sued DePuy Synthes Products LLC and DePuy Synthes Sales Inc., alleging their Zero-P VA intervertebral fusion implant […]
VESTAKEEP® PEEK-Based Spinal Implant Receives FDA 510(k) Approval
PARSIPPANY, N.J. — Xiphos™ ALIF, a VESTAKEEP® PEEK-based (polyetheretherketone) spinal implant developed by DiFusion Technologies, has received the U.S. Food and Drug Administration’s (FDA) 510(k) approval for use in Interbody Fusion Devices (IBF) devices.“DiFusion Technologies is very excited about the FDA 510(k) approval of the VESTAKEEP® PEEK-based Xiphos™ ALIF spinal implant,” said Derrick Johns, managing […]
Maxim Surgical achieves FDA clearance for new spinal implants
Maxim Surgical, a new designer and manufacturer of spinal implants, has received 510(k) clearance from the U.S. Food & Drug Administration (FDA) for its new MaxFuse-C™ cervical interbody fusion system made of Zeniva® polyetheretherketone (PEEK) rods from Solvay Specialty Polymers. Zeniva® PEEK – part of Solvay’s line of Solviva® Biomaterials – has a modulus very […]
Lanx Completes $15 Million Series C Equity Financing
BROOMFIELD, Colo., May 13, 2013 (GLOBE NEWSWIRE) — Lanx, Inc., a privately held global spine company focused on developing and commercializing innovative devices for fusion surgery, today announced the closing of a $15 million Series C equity financing.The financing round was led by new investor Credit Suisse Asset Management through its Customized Fund Investment Group […]
SpineVision® SA Raises $10m and Adds New Investors
ANTONY, France — Omega Funds, Alto Invest, Midi-Capital and a substantial private investor become SpineVision®’s new investment partners.SpineVision® SA, a commercial-stage medical device company that designs, develops and markets products for the surgical treatment of spine disorders, announced a $10 million capital raise from new and existing investors. The round was led by healthcare investment […]
Orthofix International Announces First Quarter 2013 Results
LEWISVILLE, Texas — Orthofix International N.V. (NASDAQ:OFIX) (the Company) today announced its results for the first quarter ended March 31, 2013. Net sales were $100.3 million, a 14% decrease over the first quarter of the prior year, or 13% on a constant currency basis.Net income from continuing operations was $4.9 million, or $0.25 per diluted […]
Globus Medical Launches New Product
AUDUBON, PA. — Globus Medical, Inc. (NYSE: GMED), a leading spinal implant manufacturer, today announced the launch of FORTIFY® I, an expandable corpectomy spacer with integrated screws for further stability in addition to supplemental fixation.“The FORTIFY® I integrated expandable corpectomy spacer and instrument system provides surgeons with an innovative device for trauma and tumor indications, […]
K2M Announces Executive Leadership Promotion
LEESBURG, Va. — 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 invasiveprocedures, today announced the promotion of Gianluca Iasci to the position of Executive Vice President, Global Sales, effective immediately. Mr. Iasci will continue to report to […]
Neville Alleyne, M.D., joins Aurora Spine’s Scientific Advisory Board
Carlsbad, CA- May 7th, 2013- Aurora Spine today announced the appointment Dr. Neville Alleyne to their Scientific Advisory Board (SAB). Dr. Alleyne is a certified orthopaedic surgeon and the Director of the Orthopaedic Spine Center at Tri-City Medical Center in Oceanside, CA. Dr. Alleyne’s practice is focused on treating a broad spectrum of spinal disorders, […]
X-spine Announces FDA Clearance of New Spinal Implant System
MIAMISBURG, Ohio–(BUSINESS WIRE)–X-spine, a global leader in the design and manufacture of devices for the treatment of spinal disease, announces a new USFDA clearance for the Zygafix™ Facet Fusion System. The newly-cleared Zygafix™ system allows for fusion and stabilization of the facet joint (also termed the zygapophyseal joint) in eligible patients whom appropriate non-surgical treatment […]
Exactech Launches New Cervical System
GAINESVILLE, FLA. — Exactech, Inc. (Nasdaq: EXAC), which designs and manufactures bone and joint restoration products for hip, knee, shoulder, spine and biologic materials, said that its Exactech Spine division has received FDA clearance of its new Gibralt® Occipital Spine System, which includes occipital plates and 360⁰ articulating rods.With these additions, Exactech now provides spinal […]
NuVasive buys spine implant manufacturer ANC
SAN DIEGO (AP) — Medical device maker NuVasive Inc. said Monday it acquired ANC LLC, one of the key suppliers of its spinal implants, for $4.5 million.NuVasive said the companies have worked together since May 2010. NuVasive wants to handle more of its own manufacturing so it can improve its profitability. It said the acquisition […]
Will the INTERSPINOUS market grow in the U.S? Do you know the players?
Find All the Interspinous Devices in Europe and US in the NEW “INTERSPINOUS page” in www.thespinemarketgroup.com Growth in EuropeThe interspinous process decompression device procedures were the most commonly performed nonfusion surgery in Europe in the last years, accounting for nearly 40% of all spinal nonfusion procedures. Which were the main products used? How are the […]