Dynamic stabilization products include interspinous process spacers, pedicle screw systems with semirigid rods and facet replacement technologies (Learn about the most relevant in :www.spinemarketnews.com/dynamic).No dynamic stabilization devices have received approval from the U.S. Food and Drug Administration (FDA) for use other than as an adjunct to spinal fusion. The FDA has specified that separate approval is required for […]
NEWS
How Medical Device Companies Can Strategically Sell to Customers
(January 2016 Medical Device Business )- Economic pressures on the health system have been mounting for years, pushed by demographics, shrinking reimbursements, increasingly expensive therapies, and, ultimately, payer consolidation and reforms. Hospitals are the fulcrum and the pinch point for these pressures. Medtech companies no longer can afford to focus on clinical benefits without seeking other avenues […]
Globus Medical Announces Litigation Settlement Agreement
AUDUBON, Pa., Jan. 19, 2016 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal implant manufacturer, today announced DePuy Synthes Products, Inc., DePuy Synthes Sales, Inc. and Globus Medical, Inc. have settled four patent infringement lawsuits concerning spinal implant technologies. The terms of the settlement have not been disclosed but were to the parties’ […]
Spine Surgery: A Tale of Greed and Corruption
All too often, where there’s substantial money to be made, greed and corruption inevitably follow. Such appears to be the case in the world of spine surgery, with the Department of Justice recently releasing the latest details regarding “Operation Spinal Cap,” an ongoing federal investigation into an alleged series of kickback schemes that generated an estimated […]
Thank you very much to NORM as PLATINUM Sponsor 2016 to SPINEMarketNews
Thank you very much to NORM for their PLATINUM sponsorship 2016 to SPINEMarketNews.com. NORM Tıbbi Ürünler İth. İhr. San. Ve Tic. Ltd. Şti. has been established by Adem UYANIK in 2006 where headquaters are located in Ankara with a branch located in Istanbul. Adem UYANIK, who has undertaken activities in medical sector in 1990 established MEDIKON […]
Thank you very much to iSpine as GOLD Sponsor 2016 to SPINEMarketNews
iSpine is a South African company that was formed to meet the needs of Neuro and Spinal surgeons the world over.The company and its expert partners, designs, develops and manufactures spinal instruments and implants to globally accepted standards.http://www.ispine.co.za
NuVasive takes over Ellipse Technologies for $410M
NuVasive (NASDAQ:NUVA) acquires privately held Ellipse Technologies for $380M cash upfront and a potential $30M milestone payable in 2017 related to specific revenue targets. NUVA expects the transaction to accelerate its top line growth in the high-single-digit range and be slightly accretive to its non-GAAP EPS in the first year and significantly accretive thereafter.Ellipse develops […]
Judge Unseals CerviCore Accusations Against Stryker Spine
After the fourteenth CerviCore alleged victim filed a lawsuit on Friday, Judge James D. Bates of the Lucas County (Ohio) Court of Common Pleas ruled that the accusations against CerviCore’s manufacturers cannot be filed under seal and must be made publicly available (1). Zoll & Kranz, LLC have been involved with the CerviCore litigation and […]
Whistleblower lawsuit leads to 32 more hospitals settling Medicare fraud allegations
WASHINGTON, Dec. 18, 2015 /PRNewswire/ — Thirty-two hospitals in 15 states agreed to pay more than $28 million to settle a whistleblower lawsuit brought by Phillips & Cohen LLP alleging that the hospitals overcharged Medicare for a type of back surgery known as kyphoplasty. More than 130 hospitals have now reached settlements with the Justice […]
Thank you very much to Osimplant as PLATINUM Sponsor 2016 to SPINEMarketNews
Thank you very much to Osimplant for their PLATINUM sponsorship 2016 to SPINEMarketNews.com. Osimplant has been established in 2005 by an expert team that specialized in spinal surgery, in Ankara, Turkey. They provide spinal implant products and services according to needs of the health sector by using high technology to answer the needs of Domestic and Global […]
Thank you very much to SPINEWAY as GOLD Sponsor 2016 to SPINEMarketNews
Thank you very much to SpineWay for their Gold sponsor this year.Care for patient, freedom of mind, hard work with leading international surgical teams : these are the core value developped by Dr. S. Le Roux and P. Laurito, associates and co-owners of Spineway.After 15 years of expérience in spine surgery activity, they set up Spineway […]
Should Doctors Also Act as Device Sellers?
Physician-owned distributorships (PODs), commonly used by spinal surgeons and others to procure and distribute the medical devices for the procedures they perform, are coming under fire.”While these arrangements are not always problematic, we are seeing more and more of these physician-salespeople using the very devices they sell in the surgeries and procedures they perform,” Senate […]
Implanet admitted to the SRD long-seulement Long-only Deferred Settlement Service
Bordeaux, Boston, 2 December 2015 – IMPLANET (Euronext: IMPL, FR0010458729, PEA-PME eligible), a medical technology company specializing in vertebral and knee-surgery implants, announces that its shares will be admitted to the Euronext Paris SRD (Service de Règlement Différé, i.e. Deferred Settlement Service) from 29 December 2015, on the “Long-seulement” (Long-only) segment. With a minimum daily […]
Xtant™ Medical Receives Clearance of Expanded Indication for Ilium Fixation and Deformity
BELGRADE, Mont., Dec. 01, 2015 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE:XTNT), a leader in the development of regenerative medicine products and medical devices, today announced that its wholly owned subsidiary, X-spine Systems, Inc. received FDA clearance of expanded indications to include ilium fixation as well as extended length screws for the Fortex® and […]
Vexim Announces the Nomination of Steve Swinson as New Chairman of the Board of Directors
TOULOUSE, France–(BUSINESS WIRE)–Regulatory News: VEXIM (Paris:ALVXM) (FR0011072602 – ALVXM), a medical device company specializing in the minimally invasive treatment of vertebral fractures, announces the nomination of Steve Swinson as new Chairman of the Board of Directors. “Vexim and the Board of Directors are proud to welcome Steve Swinson as Chairman of the Board of Vexim. […]
Vexim Announces the Nomination of Steve Swinson as New Chairman of the Board of Directors
TOULOUSE, France–(BUSINESS WIRE)–Regulatory News: VEXIM (Paris:ALVXM) (FR0011072602 – ALVXM), a medical device company specializing in the minimally invasive treatment of vertebral fractures, announces the nomination of Steve Swinson as new Chairman of the Board of Directors. “Vexim and the Board of Directors are proud to welcome Steve Swinson as Chairman of the Board of Vexim. Steve […]
Thank you very much to A-Spine as GOLD Sponsor 2016 to SPINEMarketNews.com
Thank you very much to A-Spine for their GOLD sponsorship 2016 to SPINEMarketNews.com. Founded in June 2001 and based in Taipei, A-Spine Asia (ASA) is an emerging medical device company dedicated to the research, development, manufacturing and marketing of spinal implants and instruments for better spine health management. In addition to its leading position in […]
RMIT and Anatomics join forces to produce Australia’s first 3D printed spine implant
Researchers at RMIT University have joined forces with medical device specialist Anatomics to produce a 3D printed vertebral cage for a patient with severe back pain. The medical device is Australia’s first 3D printed spine implant. Read more »
RMIT and Anatomics join forces to produce Australia’s first 3D printed spine implant
Researchers at RMIT University have joined forces with medical device specialist Anatomics to produce a 3D printed vertebral cage for a patient with severe back pain. The medical device is Australia’s first 3D printed spine implant. Read more »
Novartis’ Cosentyx® show no progression in spinal damage in 80% of ankylosing spondylitis patients
Basel, November 23, 2015 – Novartis announced today that the European Commission (EC) has approved Cosentyx(R) (secukinumab) for the treatment of people living with ankylosing spondylitis (AS) and psoriatic arthritis (PsA). For AS, this is the first new treatment advance in 16 years since the development of the current standard of care, anti-tumor necrosis factor […]
Novartis’ Cosentyx® show no progression in spinal damage in 80% of ankylosing spondylitis patients
Basel, November 23, 2015 – Novartis announced today that the European Commission (EC) has approved Cosentyx(R) (secukinumab) for the treatment of people living with ankylosing spondylitis (AS) and psoriatic arthritis (PsA). For AS, this is the first new treatment advance in 16 years since the development of the current standard of care, anti-tumor necrosis factor (anti-TNF) […]
New Medical Device Company Launches with Spinal Implants and Biologics
SAN ANTONIO, TX (PRWEB) NOVEMBER 18, 2015–Nvision, a medical device and biologics developer and manufacturer focused on spinal implants, announces its launch with four initial proprietary products for distribution. Nvision will provide products that combine implants, instrumentation, biologics and high-touch customer service to deliver a complete solution for surgeons, facilities and distributors. Nvision is committed to […]
New Medical Device Company Launches with Spinal Implants and Biologics
SAN ANTONIO, TX (PRWEB) NOVEMBER 18, 2015–Nvision, a medical device and biologics developer and manufacturer focused on spinal implants, announces its launch with four initial proprietary products for distribution. Nvision will provide products that combine implants, instrumentation, biologics and high-touch customer service to deliver a complete solution for surgeons, facilities and distributors. Nvision is committed […]
LDR Announces Coverage Policy Recommendation Update From NASS to Include Both One and Two-Level Cervical Disc Replacement
AUSTIN, Texas, Nov. 17, 2015 (GLOBE NEWSWIRE) — 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 announced that the North American Spine Society (NASS) has revised its formal coverage recommendation for Cervical Artificial Disc […]
Zyga Technology Completes $20 Million Financing
MINNETONKA, Minn., Nov. 17, 2015 /PRNewswire/ — Zyga Technology, Inc., a medical device company focused on the design, development, and commercialization of minimally invasive devices to treat underserved conditions of the lumbar spine, today announced that it has completed a $20 million round of financing. The company intends to use the proceeds to support growing […]
Nexxt Spine Announces Launch of the DT Elite Guide System
NOBLESVILLE, Ind.–(BUSINESS WIRE)–Nexxt Spine, LLC, founded in 2009, a privately held medical device company dedicated to increasing procedural efficiency and patient outcomes through development of innovative products, manufactured on the most technologically advanced platforms, and utilizing irreproachable quality standards to treat painful and debilitating spinal pathologies, today announced the launch of the DT Elite Guide […]
Salvaged From Bankruptcy, TranS1 Medical Device Finds New Life
Spinal fusion is a complex procedure that requires a surgeon to navigate through muscle, nerves, and organs before reaching bone. TranS1, a Raleigh, NC, medical device company, developed an alternative: a minimally invasive medical de ice that can fuse the lowest spinal joint in less time, at less cost, and with faster patient recovery. Read […]