May 16, 2014 (Christopher Cheney/HealthLeaders Media)–The North American Spine Society is seeking to boost transparency in spine care, with a set of new insurance coverage policy recommendations.“These are coverage recommendations that have been vetted extensively,” says Christopher Bono, MD, an orthopedic surgeon and second vice president of NASS. The recommendations, released this month, cover 13 […]
2014
Amedica Corporation Reports First Quarter 2014 Financial Results
SALT LAKE CITY, May 15, 2014 (GLOBE NEWSWIRE) — Amedica Corporation (AMDA), a commercial biomaterial company focused on using its silicon nitride technology platform to develop, manufacture and sell a broad range of medical devices, today announced financial results for the first quarter ended March 31, 2014.Revenue for the Company’s proprietary silicon nitride ceramic products […]
Eric Dremel Appointed President of Medacta USA, Inc.
CHICAGO, May 15, 2014 (BUSINESS WIRE) — Medacta® International, a privately held, family-owned global leader in the design of innovative joint replacement and spine surgery products, today announced that Eric Dremel has been named president of the company’s United States subsidiary, Medacta USA, Inc., headquartered in Chicago, Illinois.Dremel is a veteran medical technology executive with […]
Companies are using an electron-beam 3-D printing process to manufacture medical implants.
May 13, 2014 (Symmetrymagazine.org)–Each year in the United States, millions of people receive medical implants—from hip joints to heart and brain stents to spinal devices. In 2010 alone, patients in the United States received an estimated 721,000 knee replacements, 463,000 spinal fusions and 454,000 hip replacements. These numbers are projected to multiply in the years […]
Companies are using an electron-beam 3-D printing process to manufacture medical implants.
May 13, 2014 (Symmetrymagazine.org)–Each year in the United States, millions of people receive medical implants—from hip joints to heart and brain stents to spinal devices. In 2010 alone, patients in the United States received an estimated 721,000 knee replacements, 463,000 spinal fusions and 454,000 hip replacements. These numbers are projected to multiply in the years […]
SpineGuard’s PediGuard® bone-monitoring device is adopted by 20th U.S. spine-surgery teaching institution
PARIS and SAN FRANCISCO, May 13, 2014 – SpineGuard (FR0011464452 – ALSGD) announced today that its PediGuard platform has been adopted by the 20th major spine-surgery teaching institution in the United States: Children’s Hospital of New Orleans.“We are very pleased that twenty of the U.S.’s finest teaching hospitals have now adopted our PediGuard bone-monitoring devices […]
Implanet:Major new distribution agreements in the United States
Paris, 12 May, 2014 – IMPLANET (Euronext: IMPL, FR0010458729, PEA-PME eligible), a medical technology company specializing in vertebral and knee-surgery implants, announces a major breakthrough within the framework of its US sales development program, with the signing of seven additional distribution agreements.Ludovic Lastennet, CEO of Implanet, says: “We are delighted to announce the signing of […]
LDR Holding Corporation Reports First Quarter 2014
Austin, TX, May 7, 2014 (GLOBE NEWSWIRE) — AUSTIN, Texas, May 7, 2014 – LDR Holding Corporation (NASDAQ: LDRH), a global medical device company focused on designing and commercializing novel and proprietary surgical technologies for the treatment of patients suffering from spine disorders, today reported its financial results for the first quarter of 2014.First Quarter […]
Baxano Surgical, Inc. Reports Operating Results for the First Quarter of 2014, Issues Second Quarter 2014 Guidance
RALEIGH, N.C., May 8, 2014 (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 spine affecting the lumbar region, today announced its financial results for the first quarter ended March 31, 2014. On May 31, 2013, we consummated […]
Aurora Spine Appoints Regional Vice President of Sales
CARLSBAD, CALIFORNIA–(Marketwired – May 9, 2014) – Aurora Spine Corporation (TSX VENTURE:ASG) announced today the appointment of Doug Johnson as Regional Vice President of Sales for the Eastern United States. Mr. Johnson will be responsible for Aurora’s Eastern United States sales efforts. Under Mr. Johnson’s leadership, the Aurora sales team expects to strengthen its presence […]
K2M Group on getting to IPO: ‘It’s been a rollercoaster’
It was only on the flight to New York in the hours after Leesburg-based K2M Group Holdings set the price in its initial public offering on the Nasdaq Wednesday that CEO Eric Major finally got to take it in. “I was finally able to breath and reflect on the last 10 years. It’s been a […]
Orthofix International Reports First Quarter 2014 Results
LEWISVILLE, Texas–(BUSINESS WIRE)–Orthofix International N.V. (NASDAQ:OFIX) today reported results for the first quarter ended March 31, 2014. Net sales were $101.3 million for the first quarter of 2014, decreasing 2.0% from net sales of $103.4 million in the first quarter of 2013. Net margin, which the Company calculates as gross profit less sales and marketing […]
Medtronic settles some bone graft claims for $22M; others pending
May 6, 2014, (Star Tribune .Steve Alexander)–Medtronic Inc. said Tuesday that it will pay $22 million to end product liability lawsuits involving 950 people who used its controversial Infuse bone graft product.But that appears to be only the beginning.The Fridley-based medical device company said 3,800 similar claims, some of them not yet filed, could create […]
NuVasive(R) Announces Favorable Resolution of Patent Lawsuit Against Cadwell Laboratories, Inc.
SAN DIEGO, CA — (Marketwired) — 05/06/14 — NuVasive, Inc. (NASDAQ: NUVA), a medical device company focused on developing minimally disruptive surgical products and procedures for the spine, announced today that it reached a settlement agreement with Cadwell Laboratories, Inc., in a lawsuit involving NuVasive’s patented neuromonitoring technology.NuVasive filed the lawsuit in December 2012 asserting […]
Ortho Kinematics’ VMA Technology Demonstrates Revolutionary Advancements in Spine Diagnostic Testing
AUSTIN, Texas – May 6, 2014 — Ortho Kinematics‚ Inc. (OKI), a privately held healthcare diagnostic company focused on spine imaging informatics, demonstrates superior advancements in the reliability and precision of spine diagnostic testing through its VMA technology.The recent publication can be found at the following link http://www.sciencedirect.com/science/article/pii/S1529943013016574 The paper concluded that “The VMA system markedly […]
AccelSPINE Receives FDA Clearance on Picasso II
Dallas, TX / myprgenie.com / ACCESSWIRE / May 5, 2014 / AccelSPINE received FDA clearance on its Picasso II system in April. The system is designed to enhance the spinal implant experience for surgeons and patients.“Picasso II is the next generation of minimally invasive spine systems. It incorporates an easy-to-use, double-lead thread and self-tapping screw […]
Alphatec Spine Announces Executive Leadership Changes
CARLSBAD, Calif., April 30, 2014 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. (Nasdaq: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 board ofdirectors has appointed James M. Corbett President and Chief Executive Officer, effective May 1, 2014. Mr. Corbett, who has […]
NuVasive Tops Earnings Expectations, but Challenges Remain
NuVasive (NASDAQ: NUVA ) , a maker of minimally invasive surgical products and biologics for spinal surgery, reported its first-quarter earnings on April 29.NuVasive reported non-GAAP earnings of $14.3 million, or $0.29 per share, topping the Thomson Reuters consensus estimate of $0.23 per share. On a GAAP-adjusted basis, it posted a loss of $0.40 per […]
TransCorp Spine Announces the U.S. Patent Issuance for a Cervical Locking Plate
Byron Center, Michigan – May 1, 2014 – TransCorp Spine, Inc., a privately-held medical device company focused on developing and commercializing innovative, minimally-invasive spine products and procedures announces that the U.S. Patent and Trademark Office issued Patent No. 8,709,054 for a locking plate used in anterior cervical fusion procedures. “This patent issuance recognizes our further […]
PediGuard® Bone-Monitoring Device from SpineGuard demonstrates high accuracy for C2-screw fixation
PARIS and SAN FRANCISCO (April 29, 2014) – SpineGuard (FR0011464452 – ALSGD), an innovative medical device company focused on improving spine surgery safety, announced today that the anticipation of pedicle breaches using its FDA-cleared and CE-marked PediGuard® device in a prospective clinical analysis of 50 patients with “rather rare and severe cervical spine disease” was […]
GS Medical USA Announces FDA Clearance and Launch of AnyPlus® T/PLIF Cage
Soquel, California – April 28, 2014 – GS Medical USA, LLC, (GSM) a global manufacturer and supplier of spinal implants, instrumentation, and developer of innovative surgical solutions, today announced that the AnyPlus® T/PLIF Cage has received U.S. Food and Drug Administration (FDA) 510(k) clearance, and the US launch of the new lumbar cage system which […]
RTI Surgical™ Announces Launch of Streamline® OCT System
ALACHUA, Fla., Apr 21, 2014 (BUSINESS WIRE) — RTI Surgical Inc., a leading global surgical implant company, announced the full market launch of the Streamline® OCT System. The system is designed to promote fusion of the occipto-cervico-thoracic spine (or occiput-T3). RTI received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for the system […]
$13 Billion Bold Play: Zimmer Holdings, Inc’s Purchase of Biomet
In mid-December there was at least some chance that ortho giant Zimmer (NYSE:ZMH ) would make a bid for Biomet and become the dominant company in hip and knee implants, as well as leverage stronger share in areas like extremities, dental, trauma, and spine. That speculation has come to pass, as Zimmer has announced a […]
Zimmer to Buy Biomet for $13.35 Billion
April 24, 2014–(online.wsj.com-Lauren Pollock), Zimmer Holdings Inc. agreed to buy fellow orthopedic device maker Biomet Inc. for about $13.35 billion in cash and stock, in a bid to position the combined company as a leader in the musculoskeletal industry.The deal, which has been approved by the boards of both companies, would end Biomet’s bid to return to […]
Spinal device company K2M Group sets terms for $150 million IPO
K2M Group Holdings, which develops and sells medical devices for use in spinal surgeries, announced terms for its IPO on Tuesday. The Leesburg, VA-based company plans to raise $150 million by offering about 8.8 million shares at a price range of $16 to $18. At the midpoint of the proposed range, it would command a […]
Orthofix Appoints David Ziegler as Interim CFO
LEWISVILLE, TEXAS — Orthofix International N.V., (NASDAQ:OFIX) today announced that it has appointed David E. Ziegler as Interim Chief Financial Officer (CFO). Mr. Ziegler succeeds Emily Buxton who has voluntarily resigned from the Company. Orthofix and its Board of Directors are conducting an executive search to identify a permanent CFO.Mr. Ziegler has served as a […]
NuVasive poised for vigorous growth
NuVasive, which develops surgical products and procedures for the spine, expects further growth from expanding middle-class populations in India and China.Former professional basketball star Bill Walton’s back and leg pain was once so severe that he considered suicide. Nothing worked until he underwent spinal surgery with a procedure by NuVasive Inc.Read more »